Perhaps Ben Bernanke has been reading the Financial Times. Last week Michael Woodford of Columbia University and Mohamed El-Erian of Pimco wrote columns for the paper urging the US Federal Reserve chairman, in his keenly awaited speech at the Jackson Hole conference, not to propose a third phase of asset purchases – so-called quantitative easing. Mr Bernanke did as they advised (in that respect). On Friday, at the annual central bankers’ gathering in Wyoming, he said the Fed would keep its options open but he made no case for QE3.
大概美联储(Fed)主席本•伯南克(Ben Bernanke)一直是英国《金融时报》的读者。上周，哥伦比亚大学(Columbia University)教授迈克尔•伍德福德(Michael Woodford)和太平洋投资管理公司(Pimco)的穆罕默德•埃尔-埃利安(Mohamed El-Erian)为本报撰稿，极力劝说伯南克不要在杰克逊霍尔(Jackson Hole)会议上（人们对他的讲话可谓翘首以盼）提出第三轮资产购买计划——即所谓的定量宽松政策。（在这方面）伯南克听从了他们的建议。上周五，伯南克在会上表示，美联储将保留选择的开放性，但他压根没有提及第三轮定量宽松(QE3)。每年，美国都会在怀俄明州的杰克逊霍尔举行央行行长会议。