Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of… — Ben Bernanke Copy Share Image
Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it… — Ben Bernanke Copy Share Image
Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial… — Ben Bernanke Copy Share Image
Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the… — Ben Bernanke Copy Share Image
The Federal Reserve has always recognized the importance of allowing markets to work, and government oversight of financial firms will never be… — Ben Bernanke Copy Share Image
The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung… — Ben Bernanke Copy Share Image
We’ve never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that… — Ben Bernanke Copy Share Image
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
To be sure, the provision of liquidity alone can by no means solve the problems of credit risk and credit losses; but… — Ben Bernanke Copy Share Image
Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus… — Ben Bernanke Copy Share Image
With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable… — Ben Bernanke Copy Share Image
To minimize market uncertainty and achieve the maximum effect of its policies, the Federal Reserve is committed to providing the public as… — Ben Bernanke Copy Share Image
The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall… — Ben Bernanke Copy Share Image
Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more… — Ben Bernanke Copy Share Image
There are a number of institutions globally where the Federal Reserve typically leads the U.S. effort to work with financial regulators from… — 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
