Bernanke’s Economic Outlook

BernankeFederal Reserve Chairman Ben Bernanke warned of the risks of raising interest rates too soon.

According to CNN, Bernanke said “A premature tightening of monetary policy could lead interest rates to rise temporarily, but would also carry a substantial risk of slowing or ending the economic recovery and causing inflation to fall further,”.

Since December of 2008, the U.S. interest rate has rested around the zero mark. The Fed is also running their quantitative easing program as an attempt to stimulate the economy.

Today’s full economic outlook from Bernanke can be found here: today’s U.S. Economic Outlook.

For news updates and more fundamental Forex info, follow the Winner’s Edge account. Follow Casey’s twitter account, Nathan’s twitter account, and Tim’s twitter account too for Forex analysis, and trade ideas!

Also, if you don’t have your own Forex Trading System with a trading plan make sure you read the Forex Trading System article!

The following two tabs change content below.
Winners Edge Trading was founded in 2009 and is working to create the most current and useful Forex information and training available on the internet.

Winner’s Edge Trading, as seen on:

Winner's Edge Trading in the news