373 Quotes by Ben Bernanke

In the shorter term, the devastation wrought by Hurricane Katrina will have a palpable effect on the national economy.

Although low inflation is generally good, inflation that is too low can pose risks to the economy - especially when the economy is struggling.

The basic prescription for preventing deflation is straightforward, at least in principle: Use monetary and fiscal policy as needed to support aggregate spending, in a manner as nearly consistent as possible with full utilization of economic resources and low and stable inflation. In other words, the best way to get out of trouble is not to get into it in the first place.

Market discipline can only limit moral hazard to the extent that debt and equity holders believe that, in the event of distress, they will bear costs.

House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.

In these circumstances, the FOMC judged that some further firming of monetary policy may be necessary, an assessment with which I concur.

I think policy is currently quite accommodative. I think it can remain quite accommodative for a while to come,

I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.

Interest rates are used to achieve overall economic stability.