Bernanke could use his speech not only to lay out monetary options but also be the "warm-up" act for President Barack Obama 's unveiling of his jobs package in September . He could convince politicians they must join in lifting growth.
"Anything beyond this would run the risk of the Fed building another costly bridge to nowhere." El-Erian said in an economics blog on Thursday.
Bernanke could use his speech not only to lay out monetary options but also be the "warm-up" act for President Barack Obama 's unveiling of his jobs package in September . He could convince politicians they must join in lifting growth.
ReplyDelete"Anything beyond this would run the risk of the Fed building another costly bridge to nowhere." El-Erian said in an economics blog on Thursday.
(Editing by Leslie Adler)