Bernanke disappoints markets by revealing little about QE3
The chairman of the Federal Reserve, Ben Bernanke, today (August 31) gave little away in a speech at a meeting of central bankers in Jackson Hole, Wyoming, providing few details on a possible third round of quantitative easing (QE).
Echoing the minutes from the August meeting of the Federal Open Market Committee, Bernanke said: "The Federal Reserve will provide additional policy accommodation as needed to promote a stronger economic recovery." He provided no time-scale for additional QE, but
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Monetary Policy
Most read
- Centralisation key to digitising central banks – ECB conference
- Lane’s calls to investors stir controversy ahead of key ECB meeting
- BoE prepares to launch sharia-compliant liquidity facility
- Norges Bank deputy governor resigns over security clearance
- Saudis and UAE say shared CBDC is technically possible