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As he left the stage at the end of his mid-week press conference, having talked cautiously out of the corner of his mouth for half-an-hour – because ‘sly old fox’ is a description he prob’ly wouldn’t object to, just as he was passing in front of the Stars and Stripes, the chairman of the United States Federal Reserve Bank, a cerebral banker and Princeton academic by the name of Ben Bernanke, did a little skip.
Ben Bernan-ke, who announced that the Bank would continue subsidising the US economy to the tune of $85 billion dollars a month, prompted the markets to tick up-ke.
Without reaching another crisis like the ‘credit crunch’ – no flick knives in the alley nor blood on the boardroom floor, the up-ticks and downbeats of the American economy look set to singalong indefinitely.