INSTANT VIEW 5-Obama to reappoint Bernanke as Fed chief-official

Newswire

OAK BLUFFS, Mass., Aug 24 (Reuters) - U.S. President Barack Obama will reappoint Ben Bernanke for a second term as chairman of the Federal Reserve on Tuesday, a senior administration official said on Monday. Bernanke, whose four-year term as the head of the U.S. central bank is due to end next February, will also be praised by Obama for his handling of the worst financial crisis since the Great Depression, the official said. [ID:nN24151253] Financial markets have generally given Bernanke ...

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