“Outgoing Federal Reserve Chair Janet Yellen said U.S. stocks and commercial real estate prices are elevated but stopped short of saying those markets are in a bubble. ‘What we look at is, if stock prices or asset prices more generally were to fall, what would that mean for the economy as a whole?’ Yellen said. ‘And I think our overall judgment is that, if there were to be a decline in asset valuations, it would not damage unduly the core of our financial system.'”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
State Department’s Bar Tab: $415,000 a Year
San Francisco Taxis Promote Bitcoins
Dell apologizes for ‘inconvenience’ caused by NSA backdoor
Congress resumes attacks on emigrants: the Ex-PATRIOT Act is back
Justin Raimondo: Why the Korean ‘Crisis’ Is Completely Phony
House votes to uphold increased spending on ‘unneeded and unwanted’ nuclear bombs
Bitcoin Is Not Quantum-Safe, And How We Can Fix It When Needed
Banking with a human face: 'Bank on Dave' for people in UK
Obama Lists His Five Criteria for Death by Drone
Obama administration task force wants to make unauthorized streaming a felony
It's Getting Harder For The Feds To Lie About Marijuana
16 Most 'Systemically Important Banks' In The World See Their Stocks Crash
Subprime Credit Card Offers Are Everywhere
Obama Administration Demanding All Americans Must Have “Healthy Housing”
NC lawmaker: Women should ‘duct tape’ nipples to stay out of jail