Bernanke’s stamp on Fed could tie hands of successor

Apr 12 2014

U.S. Federal Reserve Chairman Ben Bernanke talks at the Economic Club of Indiana in IndianapolisNEW YORK (Reuters) – President Barack Obama's next choice to head the U.S. Federal Reserve could have his or her hands tied if Ben Bernanke and company continue to re-write the policymaking rule book at their current clip. Under Chairman Bernanke, who is expected to step down when his current term expires in January 2014, the U.S. central bank has embraced the goal of making the historically shrouded business of setting monetary policy far more transparent. …

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    Originally posted 2012-11-12 03:20:58. Republished by Blog Post Promoter

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