What to expect from Bernanke at Jackson Hole? Something different from another QE, Gavyn Davies...
What to expect from Bernanke at Jackson Hole? Something different from another QE, Gavyn Davies says: It's not just the Fed's hawks that think there are limits to monetary policy. Rather than add to the balance sheet, the bank might just stretch the duration of its portfolio, to depress longer-dated Treasury yields. (earlier)
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