The Federal Reserve

The Federal Reserve: Ben meets mike | The Economist

The FOMC concluded its two day meeting with the first ever press conference today in attempt to add transparency. Fed Chairman Ben Bernanke discussed open market operations (QE2), which is supposedly ending in June, and inflation expectations stating that the current jump in energy/food prices should decrease in the “near future”. It will be interesting to see how the economy reacts to the end of the $600Billion in treasury repurchases.


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