After a long period in which the desired direction for inflation was always downward, the industrialized world's central banks must today try… — Ben Bernanke Copy Share Image
As you know, in the latter part of 2008 and early 2009, the Federal Reserve took extraordinary steps to provide liquidity and… — Ben Bernanke Copy Share Image
There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would… — Ben Bernanke Copy Share Image
The Federal Reserve, like other central banks, wields powerful tools; democratic accountability requires that the public be able to see how and… — Ben Bernanke Copy Share Image
The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in… — Ben Bernanke Copy Share Image
We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system. — Ben Bernanke Copy Share
In the past, Federal Reserve chairmen have not generally gone directly to the public. — Ben Bernanke Copy Share
The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars… — Ben Bernanke Copy Share
The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds… — Ben Bernanke Copy Share
Community development has a long history of innovation and learning from experience. — Ben Bernanke Copy Share
To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but it can… — Ben Bernanke Copy Share
Consumers going through foreclosure typically will see their credit scores drop, raising longer-term questions about their ability to rebound financially and perhaps pursue a… — Ben Bernanke Copy Share
If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction. — Ben Bernanke Copy Share
High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability. — Ben Bernanke Copy Share
...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals — Ben Bernanke Copy Share
To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social… — Ben Bernanke Copy Share
The U.S. government has a technology, called a printing press (or today, its electronic equivalent), that allows it to produce as many U.S. dollars… — Ben Bernanke Copy Share
