CFA Institute Magazine May/June 2013 Issue
CFA Institute Magazine – Central Bank Policy and Portfolio Construction
In his testimony to the Senate Banking Committee on Tuesday, U.S. Federal Reserve Chairman Ben Bernanke gave the green light for risk assets to push higher, with his defence of the Fed’s highly accommodative monetary policy. Bernanke reiterated the benefits of low interest rates and their large-scale asset purchase program for the economic recovery. Read More