Ben Bernanke Main Quotations

I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment,

I come from Main Street, from a small town that's really depressed.

If I am confirmed to this position, my first priority will be to maintain consistency and continuity with the policies established during the Greenspan years.

The most recent evidence ... suggests that the economic expansion remains on track.

My first priority will be to maintain continuing with the policy and policy strategies under the Greenspan era.

The public has shown confidence that any increases in inflation will be temporary and that, in the long run, inflation will remain low.

The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes.

to maintain continuity with the policy and policy strategies under the Greenspan era.

Banks need to continue to lend to creditworthy borrowers to earn a profit and remain strong.

I've never been on Wall Street. And I care about Wall Street for one reason and one reason only because what happens on Wall Street matters to Main Street.

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.

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

As we look ahead, core inflation appears likely to remain in the zone of price stability during the remainder of 2004 and into 2005,

Inflation is up, driven by energy prices. Underlying core rates remain low, which is encouraging.

These inflation effects should fade even if energy prices remain elevated, so long as monetary policy keeps inflation expectations well-anchored.

Banks will have to win the confidence of their customers through fair dealing, making good loans, and remaining financially healthy.

But again, I remain optimistic that the impact on energy from these two events will be limited.

However, if I am confirmed to this position my first priority will be to maintain continuity with the policies and policy strategies established during the Greenspan years.

I see inflation as remaining well-contained going forward.

A very important factor is the fact that inflation expectations are well-controlled and well-contained, which means that the Federal Reserve, unlike the 70s, doesn't have to react violently in terms of raising interest rates to contain the second- and third-round inflationary impacts. So I remain pretty optimistic about the economy,