Interest rates can stay low says Fed governor

- Central Banking staff
- 07 Nov 2003

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Federal Reserve governor Ben Bernanke said on 6 November there was "considerable scope" for US interest rates to remain at the current low rates without risking inflation. Bernanke told a conference sponsored by Carnegie Mellon University that he believed the current accommodative monetary policy could continue without undue risk to price stability.

Source: Reuters

Federal Reserve Board Governor Ben Bernanke said on Thursday low inflation and lots of economic slack meant the U.S. central bank had

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