Reuters - Video

EDITION: U.S. | U.K. | IN

Business

U.S. Week Ahead: Bernanke to face the heat on the Hill

Friday, Jul 12, 2013 - 02:41

July 12 - Fed Chair Ben Bernanke will face members of the U.S. House of Representatives and Senate on Wednesday and Thursday, as part of the Fed’s semi-annual report on monetary policy.

▲ Hide Transcript

View Transcript

Here's what he'll be talking about half and the week at number three the economy. You're retail sales and housing starts seem to be moving in a positive direction. We'll know for sure by Wednesday according to IF -- solid chain store sales growth in consumer confidence and consumer credit. -- June retail sales up a solid point 8% from point 6% in the month. Good humor and feeling better about the economy despite tax increases. And it's by an interest rates housing starts are expected to jump to about 900000. Units. Under 141000. And it -- here last year. It is also driving up building material and furniture sales. Also keep an eye out for Consumer Price Index -- on Tuesday the Fed's Beige Book on Wednesday. And -- bad manufacturing index on -- -- Next we've got lots of earnings next week first got my angels for a big banks report Citigroup Goldman Sachs Bank of America in -- game. For the second quarter at amp 500 earnings are expected to grow just two point 6%. According to Thomson Reuters estimates. The bright side for the second half of the year Q3 growth projections are at eight point 4%. And Q before it even higher at twelve point 8%. On the tax side we got Yahoo! eBay Google and Microsoft. We'll share it had hit -- -- in recent months with investors focusing on revenue from mobile. Will other efforts that it's Motorola phone business and it hurt the game console. Well also be in the spotlight when -- reports on Thursday. Other technology companies reporting earnings next week include IBM and Intel on Wednesday and right then on Thursday. And your main event that chair Ben Bernanke's today testimony. Big bad bad apple testified before how. The committee Wednesday. And the senate banking committee Thursday as part of the Fed's semi annual report on monetary policy. Analysts will be listening closely especially after this week's release of the lead -- minute. Bernanke's comments suggesting the Fed will keep interest rates low for the foreseeable future you can watch the testimony live on insider. Why is immigration reform lately and how we take you inside the minds of conservative Republicans who do you reeling in the senate bill. Watch this video and more at Reuters dot com slash -- TV. And follow us on Twitter at Reuters Insider I'm putting on this is Reuters.

U.S. Week Ahead: Bernanke to face the heat on the Hill

Friday, Jul 12, 2013 - 02:41

Top News »

Money »

S&P 500 to new record on improving economy S&P 500 to new record on improving economy

Fri, Aug 29, 2014 - (2:31)

Finding meaning in the S&P 500 2000 mark Finding meaning in the S&P 500 2000 mark

Mon, Aug 25, 2014 - (2:35)

S&P falls back from record high S&P falls back from record high

Fri, Aug 22, 2014 - (1:35)

S&P 500 closes at new high S&P 500 closes at new high

Thu, Aug 21, 2014 - (1:24)

S&P 500 just shy of record S&P 500 just shy of record

Wed, Aug 20, 2014 - (2:23)

Apple hits $100 a share Apple hits $100 a share

Tue, Aug 19, 2014 - (2:06)

Nasdaq closes at 14-year high Nasdaq closes at 14-year high

Mon, Aug 18, 2014 - (2:23)

Putin puts Wall Street in buying mood Putin puts Wall Street in buying mood

Thu, Aug 14, 2014 - (2:10)

We've become a promotional culture-RetailMeNot's Bodge We've become a promotional...

Thu, Aug 14, 2014 - (4:39)

The Exchange »

The Exchange: Hot commodity The Exchange: Hot commodity

Wed, Jul 16, 2014 - (9:25)

The Exchange: Constitutional crusade The Exchange: Constitutional crusade

Wed, Jun 25, 2014 - (11:35)

The Exchange: The value of money The Exchange: The value of money

Mon, Jun 02, 2014 - (9:53)

The Exchange: China’s Second Continent The Exchange: China’s Second Continent

Tue, May 27, 2014 - (9:35)

The Exchange: A master of business arts The Exchange: A master of business arts

Thu, May 08, 2014 - (8:24)

The Exchange: America's bankrupt cities The Exchange: America's bankrupt cities

Mon, May 05, 2014 - (8:52)

The Exchange: Let the rocking commence The Exchange: Let the rocking commence

Tue, Apr 08, 2014 - (8:13)

The Exchange: The Moneyball fallacies The Exchange: The Moneyball fallacies

Mon, Mar 24, 2014 - (9:54)

Is doing good a good business? Is doing good a good business?

Mon, Mar 17, 2014 - (7:38)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Moving Pictures »

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)