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Wednesday, October 24, 2012

Monetary

News                                                                                                                             
Bloomberg | Bernanke Seen Attacking Jobless Rate With QE Through 2013
Federal Reserve Chairman Ben S. Bernanke says he’ll stoke the economy until the job market recovers “substantially.” That promise may force him to keep buying bonds until the final months of his term ending in January 2014, according economists in a Bloomberg survey.

Blogs                                                                                                                             
Economist | Got the funding, waiting on the lending
The Bank of England has been the most aggressive developed-world monetary authority over the past several years, at least in terms of its willingness to expand its balance sheet and develop innovative approaches to stimulus.