Fed's Yellen warns stock values 'quite high'

GMT 14:46 2015 Wednesday ,06 May

Arab Today, arab today Fed's Yellen warns stock values 'quite high'

Federal Reserve Chair Janet Yellen
Washington - Arab Today

Federal Reserve Chair Janet Yellen warned Wednesday that US stock market valuations were "quite high" and pose "potential dangers" to financial stability.

"Equity market valuations are at this point quite high," Yellen said at a conference in Washington. "There are potential dangers there" but there are no signs of a financial bubble, she said.

 

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