THE BASIS POINT

Fear The Beard: Ben Bernanke On 60 Minutes Sunday

 


Fed chairman Ben Bernanke will be on 60 minutes Sunday, allowing consumers who don’t follow financial news daily to hear his rationale for quantitative easing. After today’s bad jobs report, it will certainly be an easier case to make. Whether one approves of current monetary policy or not, the Fed’s hand in markets is difficult to go against. So this is worth watching to hear the beard himself cut through the chatter. And for anyone who’s unclear on how quantitative easing effects consumers, see our Quantitative Easing 101 series.

 

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