Bernanke: U.S. Markets Not Making Extreme Moves

MarketWatch Pulse

Ben Bernanke, the former chairman of the Federal Reserve, said Wednesday he saw no evidence of extreme movements in U.S. markets, including real estate, according to a Reuters report citing his comments at a conference in the South Korean capital Seoul. Bernanke also reportedly said an expected U.S. interest-rate hike would be a positive sign, as it would represent a vote of confidence in the economy from the Fed. "As long as the financial system is healthy, even if there's movement in prices that's OK. I don't see anything that's extreme," Reuters quoted him as saying.

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