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Ben Bernanke quotes

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    I Like this quote I dislike this quote“These are issues that we are going to have to address, because they are significant.”

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    I Like this quote I dislike this quote“It's been a resilient economy, it's responded well and job creation has proceeded apace.”

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    I Like this quote I dislike this quote“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.”

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    I Like this quote I dislike this quote“Even if the economy recovers smartly for the rest of this year and the next, the ongoing slack in the economy may still lead to continuing disinflation,”

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    I Like this quote I dislike this quote“There appears to be some possibility that the recent trend toward disinflation will continue, primarily because of the potentially large amount of economic slack in the system,”

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    I Like this quote I dislike this quote“I think policy is currently quite accommodative. I think it can remain quite accommodative for a while to come,”

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    I Like this quote I dislike this quote“Quantitatively, outsourcing abroad simply cannot account for much of the recent weakness in the U.S. labor market and does not appear likely to be an important restraint to further recovery in employment,”

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    I Like this quote I dislike this quote“Although I expect policy to follow the usual gradualist pattern, the pace of tightening will of necessity respond to evolving economic conditions, particularly the strength of the ongoing recovery in the labor market and developments on the inflation front,”

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    I Like this quote I dislike this quote“Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee (FOMC) would make its best guess about where it ultimately wants the funds rate to be and would move to that rate in a single step,”

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    I Like this quote I dislike this quote“Our understanding of the best practice in monetary policy evolved during Alan Greenspan's tenure at the Fed, and it will continue to evolve in the future,”

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