In his August 31 address to the world’s most influential annual monetary policy conference in Jackson Hole, Wyoming, United States Federal Reserve Chairman Ben Bernanke coolly explained why the Fed is determined to resist pressure to stabilize swooning equity and housing prices. Bernanke’s principled position – echoed by European Central Bank head Jean Claude Trichet and Bank of England head Mervyn King – has set off a storm in markets, accustomed to the attentive pampering lavished on them by Bernanke’s predecessor, Alan Greenspan.
美国联邦储备委员会主席伯南克8月31日在怀俄明州杰克逊荷尔向世界上最具影响力的年度货币政策会议发表讲话。他冷静地解释了为什么美联储决心抵制稳定动荡不已的资本和房地产市场的压力。伯南克坚持原则的立场得到了欧洲央行行长特里谢和英格兰银行行长金的响应。他的这一立场引发了市场的风暴，而这一市场已经习惯了伯南克的前任格林斯潘的应时的放纵。