Bernanke: Trade-offs for QE3 'less attractive'

Discussion in 'Wall St. News' started by ASusilovic, Apr 27, 2011.

  1. WASHINGTON (MarketWatch) -- Federal Reserve Chairman Ben Bernanke spoke against the possibility of a third round of quantitative easing, saying the trade-offs are "less attractive at this point." He said inflation has got higher and inflation expectations are a bit higher, so it's not clear that there can be "substantial" improvement in payrolls without some additional inflation risk. To get "lots of job growth, we have to keep inflation under control."

    Prepared for the equity sell off?:cool:
  2. More of that non-sensical "dual mandate". The irony is that they can't even fulfill a single mandate. A bunch of inflation that is being spun as growth and an unemployment rate that only declines because of those falling off the head count due to some statistical shenanigans.
  3. Tsing Tao

    Tsing Tao

    how anyone can sit there with a straight face and either speak or hear the words "inflation is subdued" is far beyond me.
  4. watching that reminded me of the movie "the wizard of oz".
  5. S2007S


    agree 100%

    Not making any sense, he is lying just like he lied about the housing crisis and recession, he is lying again with the talk of inflation, this is getting out of hand, silver and gold are SURGING at this moment!
  6. +1*10^30
  7. That's the "Public Mandate", as he calls it.

    Maybe the "Private Mandate" is more important.

    Wonder what that is...? :D
  8. bernake looking more and more pathological

    qualifies him for a gold membership on et
  9. sp500 made new high, silver gapped right back after bencopter's release.

    market kept on rolling it seems.
  10. Bob111