Bernanke steps up pressure for action on fiscal cliff


Federal Reserve chairman Ben Bernanke has increased pressure on the US government to take urgent action to avert the so-called ‘fiscal cliff' – a combination of tax rises and spending cuts due to automatically kick in at the end of the year.

Bernanke said in a speech on November 20 that poor fiscal policy-making in the US is holding back economic recovery. Not only was action required to avert the fiscal cliff, which could send the economy "toppling back into recession", but also to raise the de

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: