Ben Bernanke Quotes About Federal Reserve

Quotes about: Federal Reserve

• Importantly, in the 1930s, in the Great Depression, the Federal Reserve, despite its mandate, was quite passive and, as a result, financial crisis became very severe, lasted essentially from 1929 to 1933.

  Ben Bernanke

  Financial, Great Depression, Results

• The Federal Reserve will not monetize the debt.

  Ben Bernanke

  Debt, Federal Reserve, Reserves

  "Who Do You Trust with Your Money?". Ben Bernanke's speech before the U.S. House Budget Committee in Washington, D.C., www.minneapolisfed.org. September 1, 2009.

• ...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

  Goal, Investing, Levels

• Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.

  Ben Bernanke

  Long, Important, Employment

  "Semiannual Monetary Policy Report to the Congress". www.federalreserve.gov. February 15, 2006.

• The Federal Reserve is not currently forecasting a recession.

  Ben Bernanke

  Federal Reserve, Forecasting, Recessions

  Speech at the "Women in Housing and Finance" luncheon in Washington, www.sfgate.com. January 10, 2008.

• It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.

  Ben Bernanke

  Circles, Political, Pressure

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