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Article updated: 10/14/2012 5:16 PM

Bernanke says Fed easing won’t destabilize emerging market

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Federal Reserve Chairman Ben Bernanke said Sunday that recent research, including studies by the IMF, "does not support the view that advanced-economy monetary policies are the dominant factor behind emerging market capital flows."

ASSOCIATED PRESS

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Federal Reserve Chairman Ben S. Bernanke tried to refute arguments the U.S. central bank’s record stimulus is causing destabilizing flows of capital to emerging-market economies. “It is not at all clear that accommodative policies in advanced economies impose net costs on emerging market economies,” Bernanke said Sundayy in prepared remarks for a seminar in Tokyo on the last day of International Monetary Fund annual meetings.