“...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals” GoalInterestLevelsEconomicCapacityRateInvestingConsistentReservesFederal ReserveInterest Rate Author:Ben Bernanke
“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.” LongImportantTermInterestEconomyAchieveRateObjectivesEmploymentLong TermStabilityReservesModeratesMaximumMandatesFederal ReserveInterest RatePrice Stability Author:Ben Bernanke
“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.” ResultsCrisisFinancialDespitePassiveReservesSevereMandatesGreat Depression1930sFederal ReserveFinancial Crisis Author:Ben Bernanke
“The Federal Reserve is not currently forecasting a recession.” ReservesRecessionsFederal ReserveForecasting Author:Ben Bernanke
“It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.” FacesPoliticalPressureCirclesReservesFederal Reserve Author:Ben Bernanke
