QE3 possible if conditions warrant it, says Bernanke

bernanke-nomination

The Federal Reserve could expand its Treasury bill buying programme if the programme is successful in its aim of alleviating unemployment and economic conditions are suitable, Ben Bernanke, the chairman of the central bank, said Sunday.

Asked in an interview with CBS, a broadcaster, if the Fed could commit more than the $600 billion it already has to Treasury bill purchases, Bernanke said: "It's certainly possible... it depends on the efficacy of this programme. It depends on inflation. And fina

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: