The Annual Meeting Of The Global Central Bank Will Be Unveiled On Friday, &Nbsp; The QE Play Is Hard To Repeat.

The annual global central bank annual meeting will be held on Friday, when Federal Reserve Chairman Bernanke will deliver an important speech on economic and monetary policy.

The US stock market continued to fall for four weeks, and the gold price was within reach of $2000 an ounce. When the US economy was in the doldrums, the market waited for Bernanke's speech on Friday, hoping for a new round of bailout policies.

As Bernanke announced last year at the annual meeting of the global central bank, the 600 billion scale second rounds of quantification were announced.

However, insiders who interviewed by the daily economic news have expected that most people's hopes may be lost again.

Constrained by inflation, the Fed is likely to allow the stock market to continue to fall. In addition to maintaining near zero interest rates, there will be no more bailouts.

QE3 become financial market lifesaving straw

The global financial giants will gather in Jackson, Wyoming, on Friday to hold the annual annual meeting of the global central bank.

There are many reports that China will be absent from the annual meeting of the central bank as a silent protest against the irresponsible monetary policy of the United States.

It is reported that last year, Federal Reserve Chairman Bernanke announced the launch of QE2 at the annual meeting.

At present, the global financial markets are all over the world. Stocks and commodities have fallen across the board. Gold prices have gone up above $1900 an ounce, under the guidance of risk aversion.

Last Friday, when U.S. manufacturing and real estate data came out, Dr. Roubini predicted that the chairman of the Federal Reserve, Bernanke, would give advance notice to QE3 in JacksonHole, just like in 2010.

Bill Gross, a bond magnate, publicly overturned his prediction two months ago in early August, saying that the US Federal Reserve could launch the QE3 later in August and set the target inflation rate in the US.

Goldman Sachs, Morgan Stanley, JP Morgan chase, etc.

According to the financial times, Bernanke's option will be some form of "reverse operation", which should be short selling, selling short-term treasury bonds, buying long-term treasury bonds, not expanding the scale of the balance sheet, but extending the duration of holding bonds, thereby suppressing the yield of long-term bonds.