Bernanke warns on future Lehman-style meltdown

clock

Federal Reserve chairman Ben Bernanke has warned of a Lehman-style meltdown if the US Congress uses the national debt limit as a "bargaining chip".

He argues this would "cause interest rates on mortgages...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on US

The land of the free: Investing in the world's largest economy
US

The land of the free: Investing in the world's largest economy

'Experience is essential when it comes to investing in the US'

Darius McDermott
clock 24 November 2022 • 4 min read
US

Sanlam preps US absolute return fund with value approach

Market-neutral product to launch soon

Mike Sheen
clock 29 July 2019 • 1 min read
US

SocGen's Albert Edwards: 'Fragile' US economy will be exposed

When tax reform 'sugar rush' wears off

Tom Eckett
clock 09 November 2018 • 1 min read