Reuters: Regulatory News: Fed's Stein: need for easing overshadows financial stability risk

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Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Fed's Stein: need for easing overshadows financial stability risk Jun 28th 2013, 13:03 NEW YORK, June 28 | Fri Jun 28, 2013 9:03am EDT NEW YORK, June 28 (Reuters) - A Federal Reserve Governor known for his concerns over financial stability said on Friday those considerations should factor in to decisions over U.S. policy but added that, for now, those risks are overshadowed by the benefits of monetary accommodation. Jeremy Stein, speaking at the Council on Foreign Relations, said the Fed remains too far from its objective for full employment to start tightening policy due to concerns over stability such as asset price bubbles.

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