Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong. — Ben Bernanke Copy Share Image
A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. — 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 Federal Reserve cannot solve all the economy's problems on its own. — 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
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
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
A.I.G. was even larger than Lehman, with a substantial presence in derivatives and debt markets, as well as in insurance markets. — Ben Bernanke Copy Share Image
Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as… — Ben Bernanke Copy Share Image
The Federal Reserve's job is to do the right thing, to take the long-run interest of the economy to heart, and that… — Ben Bernanke Copy Share Image
The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers… — 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… — 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… — 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
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
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
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
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
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
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
Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The… — Ben Bernanke Copy Share Image
Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their… — 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 basic prescription for preventing deflation is therefore straightforward, at least in principle: Use monetary and fiscal policy as needed to support… — Ben Bernanke Copy Share Image
Deflation is defined as a general decline in prices, with emphasis on the word 'general.' — Ben Bernanke Copy Share Image
Obviously, I haven't succeeded in defusing the political concerns about the Fed. — Ben Bernanke Copy Share Image
Preventing liquidation of an unbalanced market will leave you in tears. — Ben Bernanke Copy Share Image
Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where… — Ben Bernanke Copy Share Image
The lesson of history is that you do not get a sustained economic recovery as long as the financial system is 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 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
