September 18, 2020

Room For Debate: Did Bernanke Come Clean?

Introduction

Ben Bernanke's press conference on April 27Joshua Roberts/Bloomberg News Ben Bernanke held the first news conference in the Federal Reserve’s 97-year history on Wednesday.

Ben Bernanke, the Federal Reserve chairman, broke with the Fed’s long tradition of being opaque about its decisions by holding a news conference with reporters after the regular meeting of the Fed’s policy-making committee on Wednesday.

The committee released a statement saying that the central bank would try to foster job growth without risking higher inflation.

Related

We asked some analysts to critique Mr. Bernanke’s responses to reporters’ questions about unemployment and the slow recovery — and to point out what he didn’t say.

 Read the Discussion »

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Topics: Ben Bernanke, Economy, Federal Reserve, inflation, unemployment

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Article source: http://feeds.nytimes.com/click.phdo?i=85bbc796c944bfe1e6dcfd8263c0be63

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