Global outlook casts shadow over Fed mountain retreat

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(Reuters) – Central bankers from around the world will assess a darkening economic outlook at their annual U.S. mountain retreat this week with discussion of printing yet more money to spur growth on the agenda.

Federal Reserve Chairman Ben Bernanke is likely to signal his views about the uncertain prospects for the world’s biggest economy but he probably won’t give many clues on whether the U.S. central bank will pump more cash to keep the recovery going.

Other top central bankers will arrive in the Jackson Hole resort with concerns, too.

European Central Bank President Jean-Claude Trichet faces his own challenge of a two-tier recovery.

While the euro zone economy as a whole has strengthened thanks to strong German growth, the ECB looks set to keep providing banks with unlimited funds at a fixed rate to help banks and governments in Europe’s troubled periphery.

Full Story: Global outlook casts shadow over Fed mountain retreat | Reuters