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
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
If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that… — Ben Bernanke Copy Share Image
Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of… — Ben Bernanke Copy Share Image
The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events… — Ben Bernanke Copy Share Image
A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it… — Ben Bernanke Copy Share Image
Because financially capable consumers ultimately contribute to a stable economic and financial system as well as improve their own financial situations, it's… — 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
Following an extended boom in housing, the demand for homes began to weaken in mid-2005. By the middle of 2006, sales of… — Ben Bernanke Copy Share Image
The sources of deflation are not a mystery. Deflation is in almost all cases a side effect of a collapse of aggregate… — Ben Bernanke Copy Share Image
The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make… — Ben Bernanke Copy Share Image
The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of… — Ben Bernanke Copy Share Image
Weaker currencies abroad mean a strong dollar, and a stronger dollar, together with a weak global environment, is a drag on the… — Ben Bernanke Copy Share Image
I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing… — Ben Bernanke Copy Share Image
In September 2008, the two largest housing mortgage companies called Fannie Mae and Freddie Mac, which were government-sponsored enterprises, which hold hundreds… — 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
