Daily News: March 19, 2013

Bloomberg: Bernanke Holds Firm on Fed Message


Bloomberg reported that Ben S. Bernanke is tightening his control of Federal Reserve communications to ensure investors hear his pro-stimulus message over the more aggressive views from regional bank presidents.

The article said that in recent presentations, Bernanke has pledged to sustain easing, defending $85 billion in monthly bond purchases during congressional testimony last month and warning that “premature removal of accommodation” may weaken the expansion.

To read the full Bloomberg article click here.