Fed: The Federal Reserve

The Federal Reserve: They say stocks are at unsustainable prices. California homes are fetching frothy sums. Same with farmland, Bitcoins and rare Scotch, according to Times Colonist. Yet some say the Fed-engineered rates have produced an economic sugar high that risks triggering a crash akin to the tech-stock swoon in 2000 and the housing bust in 2006 and WASHINGTON - The Federal Reserve's super-low interest-rate policies have inflated a slew of dangerous asset bubbles. Or so critics say. Under Chairman Ben Bernanke, the Fed has aggressively bought bonds to try to cut borrowing rates and accelerate spending, investing and hiring. Its supporters say low rates have helped nourish the still-modest economic rebound. (www.immigrantscanada.com). As reported in the news.