Daily Archives: August 24, 2012

Claire Jones The week ahead in central banking

August 24, 2012 5:54 pm by Claire Jones

Our week ahead email helps you to track the most important events in central banking. To see all of our emails and alerts visit www.ft.com/nbe

Jackson Hole

One of the biggest events on the central banking calendar takes place at the end of next week when top officials will make their annual trip to the wilds of Jackson Hole,Wyoming– the venue for the Kansas City Federal Reserve’s annual symposium.

Following this week’s dovish set of FOMC minutes, markets are eagerly awaiting Fed chairman Ben Bernanke’s remarks for clues on what the committee will do next. Here’s the FT’s US economics editor Robin Harding with some clues on what to expect: Read more

Posted in Bank of England, European Central Bank, Federal Reserve |

Robin Harding Bernanke replies to Issa

August 24, 2012 4:49 pm by Robin Harding

Ben Bernanke, the Fed chairman, has replied to a series of questions from Congressman Darrell Issa, who chairs the House Oversight and Government Reform Committee.

The answers are mostly pretty unrevealing — a large percentage of them simply cite the Fed’s mandate — but if you share concerns about excess bank reserves, QE as a tax on savers, or exiting from easy monetary policy then Mr Bernanke’s responses are here. Read more

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Posted in Federal Reserve |