On the recordOctober 14, 2010
Federal Reserve Chairman Ben Bernanke says the Fed might take new action to give the economy a boost due to high unemployment.
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transcripts.cnn.comFederal Reserve Chairman Ben Bernanke says the Fed might take new action to give the economy a boost due to high unemployment.
Ben Bernanke discusses potential actions by the Federal Reserve to address high unemployment.
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We have just finalized new capital requirements that banks have to hold against these assets for sale, these securities, which should provide protection.
Finding a way to deal with that issue I think is the most challenging part but has the biggest payoff.
the unemployment rate right now is not a very good measure by itself of the economy.
Our mission as set forth by the Congress is a critical one: to preserve price stability; to foster maximum sustainable growth in output and employment; and to promote a stable and efficient financial system that serves all Americans well…