U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be another Financial Crisis for at least as long as she lives, thanks largely to reforms of the banking system since the 2007-09 crash.
“Would I say there will never, ever be another Financial crisis?” Yellen said at a question-and-answer event in London.
“You know probably that would be going too far but I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will be,” she said.
Are Central Banks Turning More Hawkish?
Caught Flat Footed
This post first appeared on MarketPulse - MarketPulse - MarketPulse Is The Mar, please read the originial post: here