October 20, 2010 Reading Time: < 1 minute

“For many, Fed Chairman Ben Bernanke’s speech at the Boston Federal Reserve Bank conference last Friday confirmed expectations that renewed quantitative easing will definitely be approved at the Nov. 2-3 Federal Open Market Committee meeting. “QE2” advocates seized on his comment that high unemployment and low inflation make “a case for further action,” although that phrase was heavily qualified.” Read more

“Federal Reserve State of Play” 
Steve Beckner 
iMarketNews.com, October 20, 2010. 

Image by Francesco Marino / FreeDigitalPhotos.net.

Tom Duncan

Get notified of new articles from Tom Duncan and AIER.