Bernanke commits to continuing asset purchases

bernanke-us

Ben Bernanke mounted a robust defence of the Federal Reserve's asset purchase programme to the US Senate yesterday, downplaying the risks it poses to inflation expectations and financial stability.

Bernanke, the Fed chairman, said asset purchases – and wider policy accommodation – are clearly beneficial in the current economic conditions.

"Monetary policy is providing important support to the recovery while keeping inflation close to the FOMC's [Federal Open Market Committee's] 2% objective," he

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: