If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.
More Quotes from Ben Bernanke:
So far, the effects appear to be relatively modest on growth.Ben Bernanke
to return to levels consistent with price stability in coming quarters.
Ben Bernanke
These inflation effects should fade even if energy prices remain elevated, so long as monetary policy keeps inflation expectations well-anchored.
Ben Bernanke
Some influential voices of the time argued that by accepting higher inflation, policy-makers could bring about a permanently lower rate of unemployment.
Ben Bernanke
can account for the bulk of the recent increase in the real price of gold.
Ben Bernanke
Community banks are generally doing quite well, and I expect that good performance to continue. Neither bankers nor their supervisors should become complacent.
Ben Bernanke
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