Fed's Lockhart not worried about asset bubbles
BIRMINGHAM, Ala. April 2
BIRMINGHAM, Ala. April 2 (Reuters) - Atlanta Federal Reserve Bank President Dennis Lockhart on Tuesday downplayed the risk that the U.S. central bank's stimulus policies are contributing to financial instability.
"I don't believe at the moment that we have any deep asset class markets that are showing signs of bubble characteristics," he told reporters after a speech.
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