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Tuesday, February 26, 2013

Bernanke indicates Fed will not cut short QE3

Bernanke indicates Fed will not cut short QE3
Ben Bernanke played down concerns about quantitative easing limits in dovish testimony to Congress that suggests the US Federal Reserve will continue to purchase assets.

The Fed chairman systematically went through the costs and risks of its third round of quantitative easing, known as QE3, and argued that they were either offset by other benefits or else the central bank had them under control.
http://link.ft.com/r/EB8122/87DK8R/IYD9ZO/MSXQT0/MJ6AOU/28/h?a1=2013&a2=2&a3=26

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