View more on these topics

Bernanke: Fed unlikely to introduce more QE

Ben Bernanke has signalled the US Federal Reserve will not be launching a third round of quantitative easing.

The chairman of the Federal Reserve said that economic recovery “appeared to be proceeding at a moderate pace”.

Mr Bernanke said in a speech in Atlanta “The US economy is recovering from both the worst financial crisis and the most severe housing bust since the Great Depression, and it faces additional headwinds ranging from the effects of the Japanese disaster to global pressure on markets,”.

Last November, the Federal Reserve’s second round of round of asset purchases, due to finish at the end of June. Bernanke has hinted that the Fed is more likely to hold on to the assets for a longer period.

“Until we see a sustained period of stronger job creation, we cannot consider the recovery to be truly established.”


News and expert analysis straight to your inbox

Sign up


There is one comment at the moment, we would love to hear your opinion too.

  1. I see the markets have reacted in their usual manner by dropping like a stone.It is rattle out of the pram time again as things did not go the way they wanted.

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm