Fed chairman: Lower rates 'feasible'



Speaking in Austin, Tx., Federal Reserve Chairman Ben Bernanke says that  "too big to fail is not a policy, it's a problem," allowing a large firm to fail in the current economy would invite a major financial meltdown. (MSNBC)Fed chief Ben Bernanke said that further interest-rate cuts are “certainly feasible,” but he warned there are limits to how much such action would revive the economy.

Source:Fed chairman: Lower rates 'feasible'

This entry was posted on Monday, December 1st, 2008 and is filed under MSNBC Headlines. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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