Fed's Bernanke on implementing monetary policy

In a speech on 'Implementing monetary policy' given on 30 March, Ben Bernanke of the Federal Reserve said it is in the Federal Reserve's best interest to communicate effectively with financial markets.

Speaking at the University of Dayton in Ohio, Bernanke said the central bank tries to "help financial markets divine the long-run course of (monetary) policy" by being consistent in its response to certain economic conditions. In addition, he noted the Fed tries to explain its actions to the

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