On the recordJanuary 6, 2011
monetary policy independence is very important for the stability of our economy and our financial markets.
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congress.govmonetary policy independence is very important for the stability of our economy and our financial markets.
Bernanke stresses the importance of maintaining independence in monetary policy for economic stability.
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I think it is consistent with our mandate and with our current policy to maintain price stability, and that is what we have been achieving.
undesirable boom-bust cycles that ultimately lead to both a less stable economy and higher inflation