Wednesday, June 28, 2017
YELLEN: I don't believe the next financial crisis will be 'in our lifetimes'
LONDON (Reuters) - U.S. Federal Reserve Chair Janet Yellen said on Tuesday that she does not believe that there will be a run on the banking system at least as long as she lives.
"Would I say there will never, ever be another financial crisis? You know probably that would be going too far but I do think we're much safer and I hope that it will not be in our lifetimes and I don't believe it will be," Yellen said at an event in London.
(Reporting by William Schomberg and Marc Jones in London; Additional reporting by Jason Lange and Lindsay Dunsmuir in Washington; Editing by Chizu Nomiyama)