Bernanke press conference: "The lack of thresholds come from the complexity of the problem," he...


Bernanke press conference: "The lack of thresholds come from the complexity of the problem," he says, responding to a question about why the FOMC isn't issuing guidance about what economic indicators it wants to see before altering QE. The Fed is looking for "sustained improvement" in a range of data.

Comments (2)
  • David Urban
    , contributor
    Comments (1031) | Send Message
     
    He really has no idea what he is talking about at this point in time does he?
    20 Mar 2013, 02:46 PM Reply Like
  • Neil459
    , contributor
    Comments (2636) | Send Message
     
    Let me convert this from Washington Speak to English, "We don't have the foggiest idea what is going on and we don't want to be held to any standard of action or commitment to action (in case the political winds change)."
    20 Mar 2013, 02:48 PM Reply Like
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