Review: No further bombshells from Bernanke Bernanke remains “dovish”, but acknowledges Fed disagreement. Recently, we have increasingly seen indications of disagreement in Fed’s monetary – policy committee. Consequently, Bernanke’s speech yesterday was subject to great attention. Would he 1) undermine the concerned Fed members or 2) acknowledge that QE3 poses a problem for financial stability? He mainly opted for (1) – that is undermining the concerned Fed members. However, he did not avoid
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Why is the election result in Italy such a big problem?
