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
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
The central bank needs to be able to make policy without short term political concerns. — Ben Bernanke Copy Share Image
Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to… — 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
When historical relationships are taken into account, it is difficult to ascribe the house price bubble either to monetary policy or to… — Ben Bernanke Copy Share Image
I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as… — Ben Bernanke Copy Share Image
If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus… — Ben Bernanke Copy Share Image
Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it… — 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
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
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 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
I think that having good data, good statistics-and the United States generally has better macroeconomic statistics than most countries-and having good economists… — 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
