Ben Bernanke
Media playback is unsupported on your device
Video

Fed chairman says QE to continue

Chairman of the US Federal Reserve, Ben Bernanke said that QE will continue due to above-target unemployment and cutbacks in government spending.

His comments on Wednesday were during a question and answer session at the National Bureau of Economic Research in Cambridge, Massachusetts.

He said: "highly accommodative monetary policy for the foreseeable futures is what is needed for the US economy."