Bernanke defends Fed record

Courtesy Economic news - CNNMoney.com  Sun, 01/03/2010 - 09:31

Federal Reserve chairman Ben Bernanke said Sunday that low interest rates in the first half of the last decade were "appropriate" at the time and were not the main cause of the ensuing housing bubble.


 

Related items

Bernanke: Fed will protect U.S. economy
The recovery remains "frustrating slow" in the United States, and now Europe's debt crisis is posing additional challenges, Federal Reserve Chairman Ben Bernanke told Congress Thursday.

Federal Reserve will weigh new action
Federal Reserve Chairman Ben Bernanke said Friday that central bank policymakers will take a closer look next month on whether they should take additional short-term steps to jumpstart...

Bernanke: Debt ceiling breach 'calamitous'
Federal Reserve Chairman Ben Bernanke was back on Capitol Hill Thursday, warning that failure by Congress to raise the debt ceiling would be "a calamitous outcome."

Lowepro DryZone 200 Camera Backpack (Yellow)
Yet another Lowepro® innovation, the revolutionary new DryZone 200 is the first soft-sided camera backpack that's completely waterproof. The DryZone 200 holds a variety of systems and if it...

The Now Habit: A Strategic Program for Overcoming...
Originally published by Tarcher in 1988, The Now Habit has sold more than 58,000 copies, and is as relevant as ever! Author Neil Fiore offers the first comprehensive strategy to overcome the...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
money-employment.marc8.com