US: A first reaction to Bernanke’s speech

Published on April 28, 2011 by IFX | NEWS   ·   No Comments At the latest Federal Open Market Committee (FOMC) meeting the voting members of the US Central Bank opted to keep their target for the federal funds rate unchanged, as well as the size of their asset repurchase plan and that of the Fed's balance sheet. These moves were wholly expected. Nor were there any dissenters. The monetary authority has...