Bernanke on the Exit Plan

There has been much speculation on what impact the government’s massive spending and lending programs will have on the economy and stock market, with fears of significant inflation at the forefront of the discussions. Today in The Wall Street Journal, Federal Reserve Chairman Ben Bernanke addressed those concerns, saying that he is confident the Fed has the tools it needs to sop up excess liquidity in the market when the time is right — though he thinks it will be a while before that time comes. “My colleagues and I believe that accommodative policies will likely be warranted for an […]