Bernanke Shoots Down QE3 Speculation, Lifting Dollar

WORLD FOREX: Bernanke Shoots Down QE3 Speculation, Lifting Dollar

dr dre beatsFederal Reserve Chairman Ben Bernanke Wednesday quashed speculation about another round of stimulative bond purchases, boosting the dollar. monster beats

cheap beats by dreSpeaking after the Federal Open Market Committee's policy statement was released, Bernanke did not say outright that further easing would never occur, but he made it pretty clear that such a move is highly unlikely.

beats dre cheapThe current Treasurys purchase program -- known as QE2 and winding down at the end of this month -- sought to stimulate the U.S. economy by flooding the markets with dollars, a move that also diluted the dollar's value. beats for cheap

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