On Bernanke’s Press Conference
April 27, 2011 at 17:03 PM EDT
I just finished watching Ben Bernanke’s press conference. I don’t think there was a lot of news in it. However, some impressions I had before were confirmed. First and foremost, the bar to starting another round of quantitative easing is quite high, and thus it is unlikely to happen. Second, Bernanke views the unemployment problem [...]