On the recordJuly 16, 2012
It would reduce a lot of the uncertainty that we see. It would address a very important problem, and it would show the ability of our political system to deliver important results.
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congress.govIt would reduce a lot of the uncertainty that we see. It would address a very important problem, and it would show the ability of our political system to deliver important results.
Bernanke emphasizes the importance of Congress delivering solutions to reduce uncertainty.
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the worst financial crisis in global history, including the Great Depression.
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.
monetary policy is not a panacea, so there is still plenty of room for Congress to address some of these problems