Howard_Roark
12-03-2010, 05:42 PM
NEW YORK (TheStreet) -- Federal Reserve Chairman Ben Bernanke isn't ruling further quantitative easing measures beyond the Fed's initial plan to purchase $600 billion worth of Treasury securities by the middle of next year.
In an interview taped on Nov. 30 to be aired on CBS' 60 Minutes this coming Sunday, Bernanke "explains why the Fed announced its intention to buy $600 billion in Treasury securities, defending against charges the move will lead to inflation and not ruling out the purchase of more," according to a statement on the network's Web site.
[Full Article (http://www.thestreet.com/story/10938480/1/bernanke-wont-rule-out-qe3.html)]
In an interview taped on Nov. 30 to be aired on CBS' 60 Minutes this coming Sunday, Bernanke "explains why the Fed announced its intention to buy $600 billion in Treasury securities, defending against charges the move will lead to inflation and not ruling out the purchase of more," according to a statement on the network's Web site.
[Full Article (http://www.thestreet.com/story/10938480/1/bernanke-wont-rule-out-qe3.html)]