Chairman Ben Bernanke says that the Federal Reserve is working to address the regulatory failures that were exposed by the 2008 financial crisis. But he cautions that as the financial system evolves, new risks will emerge.
Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday that the economy has performed better in recent months than the Federal Reserve had expected. If the trend continues, he said the Fed might have to reassess its outlook for a slow recovery.
Following the Federal Reserve's announcement that interest rates are expected to remain low until at least 2014, the New Jersey Bureau of Securities is cautioning investors in the Garden State to beware of risky investments.
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