Bernanke’s old right-hand man, Donald Kohn, says the Fed will continue its program to buy $85 billion per month in assets, “at least through midyear and possibly longer.”
Kohn is now a senior economic strategist at Potomac Research and a possible candidate to replace Bernanke next year. He made the comment in a note to clients.
The Fed continues to emphasize that the purchases will continue until employment improves.
h/t @JimPethokoukis
