Loans and Finance

Loans and Finance

Text

News and information about loans, money, debt, finance and business issues.

Thursday, April 28, 2011

Why Do More?

Ben Bernanke, the Federal Reserve Chairman, has given the first ever Fed press conference.

In it he said that quantitative easing will end in June.

Quoted by the Telegraph he said:

"Why do more?"

However, as the Dollar continues to fall and debt continues to increase, the only large scale buyer of US debt on the market is the US government. As such, quantitative easing is destined to continue in some form or another.

No comments:

Post a Comment