Bloomberg: Bernanke Doesn't Signal More Stimulus



Bloomberg reports that Federal Reserve Chairman Ben Bernanke said in a speech to central bankers and economists at a forum in Jackson Hole, WY that the central bank still has tools to stimulate a recovery that has been weaker than expected, while sticking to his view that growth will pick up.

The article notes that Bernanke, didn’t give details on the measures the Fed might take or signal when or whether policy makers might deploy them. A second day has been added to the next Federal Open Market Committee meeting in September to “allow a fuller discussion” of the economy and the Fed’s possible response, the report quoted Bernanke as saying.

To read the full Bloomberg article click here.

To read the full text of Bernanke’s speech click here.


Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

No tags available

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com