Items Tagged with 'Jackson Hole'


  • Renting the way to recovery

    It is unlikely Federal Reserve Chairman Ben Bernanke — set to speak Friday from Jackson Hole, Wyo. — will relieve the struggling credit markets with language prophesying a third round of quantitative easing. That's not to suggest QE3 isn't coming. Jim Vogel of FTN Financial puts the chance of future economic stimulus around 50%. Paul Dales, U.S. economist at Capital Economics, said any such intervention in the secondary market would have a limited impact.
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  • Bernanke Sees Deeper Recession Without Intervention

    It's the mantra among regulators and echoed by Federal Reserve chairman Ben Bernanke on Friday: The recession -- pushed along by rising unemployment levels, plunging home values and growing delinquencies -- would be much worse had governmental bodies not stepped up to intervene.
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