Bernanke Says Fed Monitoring Quantitative Easing Effects
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Federal Reserve Chairman Ben S. Bernanke said the benefits of quantitative easing may vary through time and the central bank is continuing to monitor the impact of its bond purchases.
“So far, we think we are getting some effect, it is kind of early,” Bernanke said today. “We are going to continue to assess how effective” the program is “because it is possible that as you move through time and the situation changes that the impact of these tools could vary.”