12:13 PM
Fed chairman Ben Bernanke brushed aside the risk of asset bubbles. Bernanke spoke at a Treasury Borrowing Advisory Committee meeting held in early February. Other concerns raised were rising farmland prices and the growth of mortgage real estate investment trusts.
The February 20th release of minutes of the central bank's last policy making meeting showed concern about potential costs and risks arising from further asset purchases. The committee advise the Treasury Department on how to raise money to finance the government.
The February 20th release of minutes of the central bank's last policy making meeting showed concern about potential costs and risks arising from further asset purchases. The committee advise the Treasury Department on how to raise money to finance the government.