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
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
Although low inflation is generally good, inflation that is too low can pose risks to the economy - especially when the economy… — Ben Bernanke Copy Share Image
Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits. — 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
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
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings. — 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
To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation. — 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
