One Clap for Bernanke Reappointment

I’m a bit late to the party here, partly because I don’t view Bernanke’s reappointment as a particularly important economic event. The central bank did what it was supposed to—when faced with a burning financial crisis, throw liquidity at it until the crisis is under control. In that sense, Bernanke deserves a medal as a top firefighter. Other potential Fed Chairs might have done much worse.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.