Bernanke Says Economic Outlook is "Unusually Uncertain", Fed Prepared for "Actions as Needed"
Posted on July 24th, 2010 in Economy | Comments Off
Be prepared for Quantitative Easing Round 2 (QE2) and/or other misguided Fed policy decisions because Bernanke Says Fed Ready to Take Action. Treasuries rose, pushing two-year yields to the fourth record low in five days, as Federal Reserve Chairman Ben S. Bernanke said the economic outlook is “unusually uncertain” and policy makers are prepared “to take further policy actions as needed.” Ten-year note yields touched a three-week low as Bernanke said central bankers are ready to act to aid …
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Bernanke Says Economic Outlook is "Unusually Uncertain", Fed Prepared for "Actions as Needed"