Bernanke places onus on US government to act


The chairman of the Federal Reserve, Ben Bernanke on April 25 urged Congress to deliver on fiscal policy changes or risk seeing the country's economic recovery jeopardised.

Speaking after the latest meeting of the Federal Open Markets Committee (FOMC), Bernanke used stark language to spell out what he saw as the potential consequences of US lawmakers not adjusting fiscal policy.

"If no action were to be taken by the fiscal authorities, the size of the fiscal cliff is such that there's no chance

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: