Read article

I wonder why the rest of the world seems to have so little influence?

“Chairman Ben Bernanke has sent his troops to drum up support for the next QE. Just last week, two senior Federal Reserve officials, Fed Vice-Chairman Janet Yellen and Fed Governor Tarullo, have strongly hinted that QE III was a distinct possibility. The Fed wants to reduce the stubbornly high unemployment. Chairman Bernanke is probably also getting pressures from the White House to do more in an election year as the President’s hands are tied on the fiscal front.” Read full article