Fortune Magazine By Edward Conard | July 1, 2013 Bernanke's efforts have failed to produce a robust recovery and they've underscored the need for lower government spending. After Federal Reserve chairman Ben Bernanke announced the Fed would likely reduce its bond-buying program later this year, some complained that the Fed's stimulus would still continue unabated. But every serious economist knows policy largely works by altering market expectations. The Fed is ... Read More
