10/28/2010

If the Federal Reserve returns to quantitative easing next week, as expected, Chairman Ben Bernanke needs to give a straightforward and forceful explanation of what he is trying to accomplish, according to The Economist. This is particularly important if the central bank's first move is fairly modest and its gradualism arouses doubt about whether the Fed is on the right track. "If ... Bernanke's actions are cautious, his words must be bold and clear," the magazine notes.

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