Federal Reserve Chairman Ben S. Bernanke has the skills to guide the U.S. economy through a credit squeeze, now in its eighth month, said Bank of Israel Gov. Stanley Fischer.
“You can inject liquidity in the economy and it happens that Ben Bernanke is an expert on this issue,” Fischer, 64, who advised the Fed chief on his doctoral thesis at the Massachusetts Institute of Technology in the 1970s, said in an interview in his Jerusalem office yesterday. ”That the Fed will get on top of this, I don’t doubt.”
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