Perhaps Ben Bernanke has been reading the Financial Times. Last week Michael Woodford of Columbia University and Mohamed El-Erian of Pimco wrote columns for the paper urging the US Federal Reserve chairman, in his keenly awaited speech at the Jackson Hole conference, not to propose a third phase of asset purchases – so-called quantitative easing. Mr Bernanke did as they advised (in that respect). On Friday, at the annual central bankers’ gathering in Wyoming, he said the Fed would keep its options open but he made no case for QE3.
大概美聯準(Fed)主席班•柏南奇(Ben Bernanke)一直是英國《金融時報》的讀者。上週，哥倫比亞大學(Columbia University)教授邁克爾•伍德福德(Michael Woodford)和太平洋投資管理公司(Pimco)的穆罕默德•埃爾-埃利安(Mohamed El-Erian)爲本報撰稿，極力勸說伯南克不要在傑克森霍爾(Jackson Hole)會議上（人們對他的講話可謂翹首以盼）提出第三輪資產購買計劃——即所謂的定量寬鬆政策。（在這方面）伯南克聽從了他們的建議。上週五，伯南克在會上表示，美聯準將保留選擇的開放性，但他壓根沒有提及第三輪定量寬鬆(QE3)。每年，美國都會在懷俄明州的傑克森霍爾舉行央行行長會議。