(Reuters) - Bernanke did not discuss the outlook for the U.S. economy or interest rates in his speech, which was prepared for delivery to a conference hosted by the Atlanta Federal Reserve Bank in Atlanta. The text was distributed in Washington.
Changes in financial conditions, such as tightening credit standards or sudden declines in asset values, are important in the propagation of the business cycle, Bernanke said.
Read more at Reuters.com Bonds News
Changes in financial conditions, such as tightening credit standards or sudden declines in asset values, are important in the propagation of the business cycle, Bernanke said.
Read more at Reuters.com Bonds News
No comments:
Post a Comment