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
The impact on the broader economy and financial markets of the problems in the subprime markets seems likely to be contained. — Ben Bernanke Copy Share Image
Well, the U.S., of course, is the world's largest economy. It's about a quarter of the world's output. It's also home to… — 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
One would be forgiven for concluding that the assumed benefits of financial innovation are not all they were cracked up to be. — Ben Bernanke Copy Share Image
Developments in financial markets can have broad economic effects felt by many outside the markets. — Ben Bernanke Copy Share Image
The crisis in Europe has affected the US economy by acting as a drag on our exports, weighing on business and consumer… — 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
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
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
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
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in… — Ben Bernanke Copy Share Image
September and October of 2008 was the worst financial crisis in global history, including the Great Depression. — 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
The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer… — Ben Bernanke Copy Share Image
The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again. — 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
