Bernanke: Operation Twist not ‘expected to radically change the picture’

Fed chair Ben Bernanke is seeking to lower expectations about the Federal Reserve’s recently announced effort to spur borrowing and jump-start the faltering economy. The program, known as Operation Twist will provide “meaningful but not an enormous support to the economy,”Bernanke told lawmakers during testimony before a joint congressional committee. “It should help somewhat on

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Bernanke: Operation Twist not ‘expected to radically change the picture’

Posted by on October 4, 2011. Filed under News, Trending News, World News. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.