Nov
07
[FED CHRM BERNANKE] again
By[FED CHRM BERNANKE] again defended the FOMC's decision for more QE -
buying Tsys – as aimed at boosting economic growth via low rates rather
than pushing up inflation per se. Remarks from Bernanke arose in a panel
discussion at the Atlanta Fed's confab this weekend on the Fed's history,
with ex-NY Fed head Corrigan expressing some unease over the QE2 decision
as moderator, with ex-Chrm Greenspan taking part as well. Corrigan echoed
the concerns of KC's Hoenig as FOMC dissenter and others that more QE may
lead to another asset bubble as ultra low rates encourage riskier bets
GFTforex.com – Recent News Headlines