Federal Reserve Chairman Ben Bernanke will take the rare step of ending next week’s policy meeting with a Q&A session about the central bank’s decisions. Despite opposition from within his own ranks, he is expected to affect no changes to the -rate strFed’s ultralow interestategy.
In facing the media on April 27, Bernanke hopes to assert his voice over the central bank’s internal debates before any of his colleagues do and also reassure the American public that he is on top of keeping inflation in check.
Source: “Bernanke to Open Up as Fed Embarks on Era of Glasnost,” The Wall Street Journal, Jon Hilsenrath (04/21/11)
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