• search

'Bernanke doesn't have credibility problem'

Written by: Staff

WASHINGTON, May 6: US President George W Bush said in an interview today that new Federal Reserve Chairman Ben Bernanke did not have a credibility problem.

Asked if the rising price of gold, increasing bond yields, a falling US dollar and a report that Bernanke had been misinterpreted when he delivered testimony to Congress last week meant that the Fed chief had a credibility problem, Bush told CNBC television: ''No.''

''This guy's sound, he's smart, he's capable. You might remember, when I first nominated him, he was well received by most accounts as being a sound thinker who will be independent from the politics of Washington,'' Bush said in the interview with CNBC's Larry Kudlow.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more