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These policies include making tax relief permanent, reducing the budget deficit by limiting spending, strengthening retirement and health security through efforts like Social Security reform ... and enhancing energy security.
Ben Bernanke -
Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years.
Ben Bernanke
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If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.
Ben Bernanke -
Our financial system is so complicated and so interactive - so many different markets in different countries and so many sets of rules.
Ben Bernanke -
I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.
Ben Bernanke -
At the most basic level, a central bank must be clear and open about its actions and operations, particularly when they involve the deployment of public funds.
Ben Bernanke -
My first priority will be to maintain continuing with the policy and policy strategies under the Greenspan era.
Ben Bernanke -
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.
Ben Bernanke
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Some influential voices of the time argued that by accepting higher inflation, policy-makers could bring about a permanently lower rate of unemployment.
Ben Bernanke -
If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.
Ben Bernanke -
I got into economics because I wanted to make things better for the average person.
Ben Bernanke -
In the shorter term, the devastation wrought by Hurricane Katrina will have a palpable effect on the national economy.
Ben Bernanke -
Building a rainy-day fund during good times may not be politically popular, but it can pay off during the bad times.
Ben Bernanke -
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve System. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.
Ben Bernanke
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There will not be an automatic increase in interest rate when unemployment hits 6.5%.
Ben Bernanke -
We see that coming back in the fourth quarter and going on into next year.
Ben Bernanke -
It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.
Ben Bernanke -
The economist John Maynard Keynes said that in the long run, we are all dead. If he were around today he might say that, in the long run, we are all on Social Security and Medicare.
Ben Bernanke -
Economic engineering is about the design and analysis of frameworks for achieving specific economic objectives.
Ben Bernanke -
The central bank needs to be able to make policy without short term political concerns.
Ben Bernanke
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In a slow-growing world that is short on aggregate demand, Germany's trade surplus is a problem.
Ben Bernanke -
Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole and do not constitute deflation.
Ben Bernanke -
Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system.
Ben Bernanke -
We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.
Ben Bernanke