Bernanke draws roadmap for QE exit in the snow
The Federal Reserve will use interest payments on statutory reserves as a key tool for monetary tightening, chair Ben Bernanke outlined in written testimony to the House Financial Services Committee this week.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts