Bernanke defends Fed communication after QE surprise

bernanke-ben

Ben Bernanke was unapologetic about the Fed's communication strategy after the Federal Open Market Committee (FOMC) shocked markets by pledging to keep buying $85 billion worth of assets each month.

Going into the meeting the FOMC was widely expected to announce a reduction in the pace of its asset purchases by up to $20 billion per month. Unimpressed with recent economic data, however, the FOMC decided to maintain the status quo, leaving some observers complaining of more uncertainty than befor

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: