Liang named director
Will buy US$600 billion of long-term government bonds
Fed expected to announce ‘QE2’ on Wednesday
Risk of deflation is higher than desirable
Bank of Canada to move to the sidelines for the next few months
Current range for interest rates expected to be maintained until Q3 2011
Bailing out Lehman would have saddled U.S. taxpayers with billions of dollars in losses, Bernanke says
Ex-Lehman CEO blames rumour, regulators
Further monetary easing only a matter of time
Bernanke spells out policy options should economic outlook deteriorate further