Bernanke says Fed’s supervisory role creates synergies
Ben Bernanke, the chairman of the Federal Reserve, on 19 November said financial supervision at central banks provided benefits to macroeconomic management.
At the Sixth Central Banking Conference held by the European Central Bank in Frankfurt, Bernanke said: "In a world in which the consequences of financial crises can be devastating, fostering financial stability is a critical part of overall macroeconomic management. Accordingly, central banks and other financial regulators must be vigilant
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