Federal Reserve Chairman Bernanke Speaks At AEA Annual Meeting : News Photo

Federal Reserve Chairman Bernanke Speaks At AEA Annual Meeting

Jeremy Stein, governor of the U.S. Federal Reserve, speaks at the American Economic Association annual meeting in Philadelphia, Pennsylvania, U.S., on Friday, Jan. 3, 2014. Stein said banks that rely on deposits for funding have an advantage over counterparts that rely on the shadow banking system, such as repurchase agreements, to finance investments in illiquid assets. Photographer: William Thomas Cain/Bloomerg
Caption:
Jeremy Stein, governor of the U.S. Federal Reserve, speaks at the American Economic Association annual meeting in Philadelphia, Pennsylvania, U.S., on Friday, Jan. 3, 2014. Stein said banks that rely on deposits for funding have an advantage over counterparts that rely on the shadow banking system, such as repurchase agreements, to finance investments in illiquid assets. Photographer: William Thomas Cain/Bloomerg
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Date created:
January 03, 2014
Editorial #:
460377469
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Bloomberg / Contributor
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Bloomberg
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Bloomberg via Getty Images
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Bloomberg
Object name:
BERNANKE FED

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Jeremy Stein governor of the US Federal Reserve speaks at the... News Photo 460377469America,Annual Event,Economy,Exchange,Federal Reserve,Feeding,Finance,Government,Governor,Interest Rate,Market,Meeting,Monetary Policy,North,North America,Philadelphia - Pennsylvania,Politics,Talking,The Americas,USA,VerticalPhotographer Collection: Bloomberg © 2014 Bloomberg Finance LPJeremy Stein, governor of the U.S. Federal Reserve, speaks at the American Economic Association annual meeting in Philadelphia, Pennsylvania, U.S., on Friday, Jan. 3, 2014. Stein said banks that rely on deposits for funding have an advantage over counterparts that rely on the shadow banking system, such as repurchase agreements, to finance investments in illiquid assets. Photographer: William Thomas Cain/Bloomerg