Chicago PMI data is due for release 15 minutes ahead of the Bernanke speech at 13:45 GMT.
Economists expect 53.5. I’d love to see the index sky-rocket just to screw all the late-comers to the QE3 party.
On CNBC, SF Fed president Williams is talking up more QE to try and improve the slow-but-steady 2% growth rate in the US.
Williams says he’s willing to push out forward guidance from the Fed to mid-2015 from late 2014 at present.
