Friday, June 15, 2007

UPDATE 1-Financial conditions amplify policy-Fed's Bernanke

(Reuters) - In a discussion of academic research into channels through
which a central bank's policy decisions can impact an economy,
Bernanke said financial conditions -- such as the ability of
businesses or households to borrow easily at reasonable cost --
are central to economic health.




Bernanke did not discuss the outlook for the U.S. economy
or interest rates in his speech, which was prepared for
delivery to a conference hosted by the Atlanta Federal Reserve
Bank in Atlanta. The text was distributed in Washington.


Read more at Reuters.com Bonds News

No comments: