Quotations

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Ben Bernanke Quotes

«The economy is much more energy efficient today than it was in the 1970s when energy shocks contributed to share slowdowns,»
Author: Ben Bernanke
«It's only an attempt to perhaps provide a bit of additional confidence, a bit of additional assurance or a bit of additional certainty to the markets about the Federal Reserve's long-term objective.»
Author: Ben Bernanke
«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,»
Author: Ben Bernanke
«This step would in no way reduce the importance of maximum employment as a policy goal, ... In any case, I assure this committee that if I am confirmed, I will take no precipitate steps in the direction of quantifying the definition of long-run price stability. This matter requires further study at the Federal Reserve as well as extensive discussion and consultation.»
Author: Ben Bernanke
«I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment,»
Author: Ben Bernanke
«If I am confirmed, I will be strictly independent of all political influences and will be guided solely by the Federal Reserve's mandate from Congress and by the public interest,»
Author: Ben Bernanke
«I assure this committee that, if I am confirmed, I will be strictly independent of all political influences, ... essential to that institution's ability to function effectively and achieve its mandated objectives.»
Author: Ben Bernanke
«Capping the size»
Author: Ben Bernanke
«Every effort needs to be made to try and offset the costs of Katrina and Rita by reductions in other government programs, especially those that are wasteful, duplicative and ineffective.»
Author: Ben Bernanke
«There are various estimates about the third quarter impact. Our CEA (Council of Economic Advisers) numbers are somewhere between a half and one percentage point on growth. That would still probably leave us at a decent rate of growth for the third quarter.»
Author: Ben Bernanke

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