Bernanke places onus on US government to act

bernanke-us

The chairman of the Federal Reserve, Ben Bernanke on April 25 urged Congress to deliver on fiscal policy changes or risk seeing the country's economic recovery jeopardised.

Speaking after the latest meeting of the Federal Open Markets Committee (FOMC), Bernanke used stark language to spell out what he saw as the potential consequences of US lawmakers not adjusting fiscal policy.

"If no action were to be taken by the fiscal authorities, the size of the fiscal cliff is such that there's no chance

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.