Tuesday, May 15, 2007

UPDATE 1-Fed's Bernanke: Market principles top new rules

(Reuters) - In remarks prepared for delivery via satellite to a financial markets conference sponsored by the Atlanta Federal Reserve Bank in Sea Island, Georgia, Bernanke did not address Fed monetary policy or the U.S. economic outlook. The text of his address was made available in Washington.

He said the rapid growth of the credit derivatives market and the increasing prominence of hedge funds did not warrant specific regulation to address possible risks that they pose.


Read more at Reuters.com Bonds News

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