Fed's Bernanke: Monetary policy can be 'patient'

Ben Bernanke reiterated on Wednesday that, with interest rates at 45-year lows, monetary policy could remain "patient" particularly in the absence of inflationary pressures in the US.

"Inflation is not even a remote risk in the U.S.," Bernanke said in Geneva at a university event. "Because inflation is so low, monetary policy can afford to be patient to be sure that the recovery is sustained."

In a speech originally given on 4 January, Bernanke said the recent slide in the dollar has had littl

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: