Granny’s Fate Rides With Bernanke in Jackson Hole: Caroline Baum

Aug. 26 (Bloomberg) -- Investors around the world are waiting to find out whether Federal Reserve Chairman Ben Bernanke puts any QE3 in his opening remarks today at the Kansas City Fed’s Jackson Hole conference. It was one year ago at the same event that he outlined the Fed’s policy options for an ailing economy, including a second round of quantitative easing that started in early November.

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