Bernanke at Jackson Hole – most likely a tinkering, not a big program

If anything does come from Bernanke’s speech on Friday it will probably be along these lines; something small and relatively uncontroversial … no big programs.

Bernanke May Flag Possible Portfolio Shift On Friday

the chairman is not yet ready to take dramatic action to help jar the economy out of its current malaise …
There is a sense among Fed watchers that if the Fed wants to do something, the best and most likely option will be to extend the average maturity of the securities it holds.

Ben Bernanke will give his speech at the Jackson Hole Symposium at 10am (ET) on August 26, 2011.

This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s