"The central bank's chairman said that recent work research at the Fed suggested that the two rounds of QE – or printing money – done by the Fed since the financial crisis have provided real support to the country's jobs market. However, he cautioned that drawing direct links between the policy and specific job creation is never straightforward
...
The Fed chairman insisted that inflation is not a problem in the US, but that the bank would review its current programme of QE – scheduled to finish in June – should a faster economic recovery lead to a sharp rise in prices."
Source: QE safeguarded 3m American jobs, says Federal Reserve chief Ben Bernanke - Telegraph
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That's all right then.
...
The Fed chairman insisted that inflation is not a problem in the US, but that the bank would review its current programme of QE – scheduled to finish in June – should a faster economic recovery lead to a sharp rise in prices."
Source: QE safeguarded 3m American jobs, says Federal Reserve chief Ben Bernanke - Telegraph
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That's all right then.
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