Ben Bernanke, chairman of the Federal Reserve, dismissed the idea on Monday that the low level of long-term interest rates meant investors were pricing in the likelihood of a sharp and imminent slowdown in the economy.
US
By Andrew Balls in Washington
Published: March 21 2006 00:02 | Last updated: March 21 2006 00:02
Ben Bernanke, chairman of the Federal Reserve, dismissed the idea on Monday that the low level of long-term interest rates meant investors were pricing in the likelihood of a sharp and imminent slowdown in the economy.
