NEXT UP-Bernanke may let economic data speak for him

Newswire

By Jennifer Ablan NEW YORK, Aug 24 (Reuters) - When Fed Chairman Ben Bernanke takes the podium on Friday in Jackson Hole, Wyoming, investors may hear him say that the data has already spoken for him. While the head of the "data-dependent" central bank might not declare interest-rate rises are over, he may not need to. Adding to the rash of data pointing to slowing U.S. economic growth are recent reports that new home sales continue to drop like a rock, auto giants General Motors Corp. ...

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