Ben Bernanke Stability Quotations

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

The actions taken by central banks and other authorities to stabilize a panic in the short run can work against stability in the long run if investors and firms infer from those actions that they will never bear the full consequences of excessive risk-taking.

to return to levels consistent with price stability in coming quarters.

The stress on the financial system in the fall of 2007 was significant, but not so significant as to threaten the overall stability of the U.S. economy, although it did lead to the beginning of a recession at the end of 2007.

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

The Fed needs an approach that consolidates the gains of the Greenspan years and ensures that those successful policies will continue - even if future Fed chairmen are less skillful or less committed to price stability than Mr. Greenspan has been.

If I am confirmed by the Senate I will do everything in my power, in collaboration with by Fed colleagues to help assure the continued prosperity and stability of the American economy,