Ben Bernanke yesterday warned lawmakers not to strip the Federal Reserve of the powers and independence it needed to promote growth and price stability, during his confirmation hearing for a second term as the US central bank's chairman.
“As we move forward, we must take care that the Federal Reserve remains effective and independent,” Mr Bernanke told the Senate banking committee, urging Congress not to take away its role in bank supervision or subject it to more intrusive government auditing.
The Fed chief said near-zero interest rates were not fuelling asset price bubbles in the US and that it was not the Fed's job to prevent bubbles abroad.
您已阅读39%（650字），剩余61%（1022字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。