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welcome to today s show. part two of mr. bernanke today. i m riled up, but i m riled up about the interest rate on excess reserves. only one option out of four. i can t believe he mentioned it again. i would like to understand the basis for cutting that rate further. it comes after the european central bank deposit rate. we ve seen the impact of that on money market funds and distortions there. i m slightly more excited that they might go down the lending route, achlgtla bank of england. let s hope congress on listening in. india s latest cpi figures show inflation slowed slightly in june. we ll be in mumbai to find out reaction. we ll get the latest bank of england minutes. any hint on the future of monetary policy in this country? instant analyses from a senior broker. guest host for the second hour has just spoken to someone to become mitt romney s running mate. we ll get the latest from u.s. campaign trail. buy whatever the fed buys, whatever that ....