Former Fed Chairman Ben Bernanke: the Fed’ decision not to raise its interest rates in September was reasonable

Market news

8 October 2015

Former Fed Chairman Ben Bernanke: the Fed’ decision not to raise its interest rates in September was reasonable

Former Fed Chairman Ben Bernanke said in an interview on Wednesday that the Fed' decision not to raise its interest rates in September was reasonable.

He also said that the U.S. economy is strong.

"We have a pretty good domestic expansion. The household sector, which is driving growth, has been solid for a while," Bernanke said.

Consumer credit in the U.S. increases by $16.02 billion in August

Oil prices advanced despite rising crude stockpiles in the U.S.

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