Bernanke sees no extreme moves in U.S. markets, asset prices


SEOUL: Former Federal Reserve Chairman Ben Bernanke said on Wednesday there were no signs of extreme movements in the U.S. real estate and financial markets, but criticized the U.S. Congress for failing to approve the IMF reform measures.

Bernanke also said during an open interview at a private-sector forum in Seoul that if the Fed lifts interest rates, it would be good news because it means the U.S. economy is strong enough.

"As long as the financial system is healthy, even if there's movement in prices that's OK. I don't see anything that's extreme," Bernanke said when asked if he was worried about asset price bubbles in the United States.- Reuters

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Bernanke , assets , stocks , shares , fed ,

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
How Sin-Kung leveraged air cargo for its success
US existing-home sales decline as rates keep buyers sidelined
1Q GDP growth likely to have accelerated to 3.9%
MARC: Room to improve current account balance
MISC to develop world’s first ammonia dual-fuel ships
Uzma to raise RM68mil via private placement

Others Also Read