Fed Chief Yellen: ‘Potential Danger’ That Stock Values Are Inflated
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by News Editor
Stock market fixings. Photo: WikiCommons.
Reuters – Federal Reserve Chair Janet Yellen on Wednesday said high equity valuations could pose potential dangers but that stability risks across the U.S. financial system remained in check.
“I would highlight that equity market valuations at this point generally are quite high,” Yellen said. “There are potential dangers there.”
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