Fed chairman says QE to continue
Chairman of the US Federal Reserve, Ben Bernanke said that QE will continue due to above-target unemployment and cutbacks in government spending.
His comments on Wednesday were during a question and answer session at the National Bureau of Economic Research in Cambridge, Massachusetts.
He said: "highly accommodative monetary policy for the foreseeable futures is what is needed for the US economy."
10 Jul 2013
- From the section Business