Ben Bernanke spoke very briefly with CNBC’s Steve Liesman ahead of his four lectures this week to talk about the context of the recent financial crisis. Mr. Bernanke said that the economy is still very challenging. He noted that the longer term prospects for the economy are good and that things will eventually normalize. Liesman noted that a recent survey indicated that the FOMC won’t be able to hold out to that late-2014 policy for exceptionally low interest rates. Bernanke said his discussions will be about history and economics. He did not really say much about a new version of quantitative easing nor about a new version of operation twist.
The long and short, we have no reason to believe that Ben Bernanke will reveal anything incredibly new about his stance.
JON C. OGG
Want to Retire Early? Start Here (Sponsor)
Want retirement to come a few years earlier than you’d planned? Or are you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
