Economics
Bernanke Bets Briefings to Bring Clarity, Not Volatility
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Federal Reserve Chairman Ben S. Bernanke is betting that by holding regular press conferences he’ll provide clarity about monetary policy without saying something that may disrupt financial markets.
The Fed said yesterday that Bernanke will begin holding four press briefings a year. The first sessions in April and June will give Bernanke an opportunity to discuss his next steps after completing the record stimulus from the purchase of $600 billion in Treasury securities through June.