Uneasy markets await key Bernanke speech

clock

US Federal Reserve chairman Ben Bernanke is gearing up to deliver a key speech on the ailing US economy today - with markets looking on for hints of further stimulus.

A year ago, Bernanke used a speech in Jackson Hole, Wyoming, to pave the way for $600bn (£368bn) of quantitative easing (QE) - the process of injecting cash into the financial system to try to boost the economy. And with data earlier this month pointing to continuing sluggish growth in the US and Europe, some expect Bernanke to act again and launch a third round of QE. To date, a total of $2.3trn has been injected in a bid to revitalise the recovery. Shares have rallied all week in anticipation that the Federal Reserve will act to reinvigorate the US economy, although markets close...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on US

JP Morgan AM's Karen Ward: Investors should not 'trade' the US election
US

JP Morgan AM's Karen Ward: Investors should not 'trade' the US election

Focus on policy impact on inflation

Valeria Martinez
clock 14 March 2024 • 2 min read
Royal London AM launches Irish-domiciled US Equity fund
US

Royal London AM launches Irish-domiciled US Equity fund

Managed by Chris Parr

clock 13 March 2024 • 1 min read
LGIM CIO Laud: Magnificent Seven could be reaching bubble territory
US

LGIM CIO Laud: Magnificent Seven could be reaching bubble territory

Favours thematic approach to AI

Valeria Martinez
clock 11 March 2024 • 2 min read
Trustpilot