Ben Bernanke said...

The historical experience is that the labor market tends to lag the business cycle.

Bernanke explains that unemployment often remains high even as the economy recovers.

06/02/2009

More Ben Bernanke Quotes

I would very much like to have the confidence that we could close down a large institution without causing damage to the...

Monetary policy can't do much about longer-term growth.

A significant portion of this effect is related to the automatic spending sequestration that is scheduled to begin on Ma...

We have not been able to identify with accuracy the quantitative impact of uncertainty about policy.