Mr. Bernanke's Postponement Strategy?

By: Ian Campbell | Fri, Aug 3, 2012
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On Wednesday, August 1 Chairman Bernanke provided an update on the Federal Reserve's position on the U.S. economy. He commented briefly in a negative tone on U.S. GDP growth, unemployment, consumer spending and the housing sector. He said the Fed's U.S. inflation expectations remained stable. He reconfirmed the Fed's policy of reinvesting in U.S. treasuries until December 2012.

Mr. Bernanke did not announce the further quantitative easing the financial markets were broadly thought to be looking for, and that is said to be one of the primary reasons those markets have declined somewhat over the past two days.

My comments:

Topical Reference: Fed Statement Following August Meeting, from Real Time Economics, The Wall Street Journal, August 1, 2012 - reading time 3 minutes.

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his www.BusinessTransitionSimplified.com website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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