The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance 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
Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the… — Ben Bernanke Copy Share Image
The central bank needs to be able to make policy without short term political concerns. — 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
The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a… — 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
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
Since World War II, inflation - the apparently inexorable rise in the prices of goods and services - has been the bane… — 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
History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a… — Ben Bernanke Copy Share Image
Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in… — Ben Bernanke Copy Share Image
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings. — Ben Bernanke Copy Share Image
Most of the policies that support robust economic growth in the long run are outside the province of the central bank. — Ben Bernanke Copy Share Image
In a mature economy like India's, which is becoming modern and a financially-oriented economy, an independent central bank, responsible central bank, is… — Ben Bernanke Copy Share Image
The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of… — Ben Bernanke Copy Share Image
At the most basic level, a central bank must be clear and open about its actions and operations, particularly when they involve… — 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 Image
In the past, Federal Reserve chairmen have not generally gone directly to the public. — Ben Bernanke Copy Share Image
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 Image
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 Image
Community development has a long history of innovation and learning from experience. — 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 it can… — Ben Bernanke Copy Share Image
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 Image
If you are not happy with yourself, even the loftiest achievements won't bring you much satisfaction. — Ben Bernanke Copy Share Image
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 Image
...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 Image
