The widespread belief that the US central bank, the Federal Reserve, can always rescue the economy by decreasing interest rates. Since this was first coined when the chairman was Ben Bernanke, this is became known as the ‘Bernanke Put’.
The widespread belief that the US central bank, the Federal Reserve, can always rescue the economy by decreasing interest rates. Since this was first coined when the chairman was Ben Bernanke, this is became known as the ‘Bernanke Put’.