Bernanke: low rates didn’t spur housing bubble

bernanke-nomination

Ben Bernanke, the chairman of the Federal Reserve, on Sunday blamed regulatory, not monetary, laxness for the housing bubble.

Critics have sought to blame the Fed for the financial crisis, claiming too-low interest rates set to spur growth in the aftermath of the bursting of the dotcom bubble caused the credit crunch. However, Bernanke disputed this, arguing that the federal funds rate was in line with the Taylor Rule for monetary policy - the standard means to test the suitability of rates for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.