Bernanke discusses rate increase, tighter regulation

Ben Bernanke, chairman of the Federal Reserve, said if a fresh financial bubble forms, raising interest rates must be an option. He also defended the central bank's policy of keeping interest rates low during the past decade, rejecting claims that they caused the housing bubble. Bernanke put the blame on lax regulation. "We must be especially vigilant in ensuring that the recent experiences are not repeated," Bernanke said.

View Full Article in:

Wall Street Journal, The · Financial Times (tiered subscription model) · NYTimes.com · Washington Post, The

Published in Brief: