On the recordJune 2, 2009
The Fed is involved very unwillingly because there is no good system for addressing the failure of a major financial institution.
Source
congress.govEditor's note · Context
Bernanke discusses the Fed's reluctant involvement in managing financial institution failures.
Share
More from Ben Bernanke
Nov 27, 2017
Large deficits in debt over a long period of time raise interest rates above levels where they normally would be and crowd out private investment and are bad for growth and productivity.
Jul 19, 2017
Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a speedier return to economic health. The economy's performance both over the near term and the longer run will depend…
Jul 11, 2017
Banks are not going to lend out the reserves at a rate lower than they can earn at the Fed.
Other voices in this conversation
