Bernanke Says Fed Policies Benefit Housing, Auto Industries

Federal Reserve Chairman Ben S. Bernanke said the central bank’s easing policies are helping to improve demand for housing and cars.

“We are getting some traction in the housing market, in automobiles and other durable goods” and to “some extent in investment” and commercial real estate, Bernanke said in Washington today in response to questions from members of the House Financial Services Committee.

To contact the editor responsible for this story: Chris Wellisz at cwellisz@bloomberg.net

Bloomberg reserves the right to edit or remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.