On the recordSeptember 29, 2010
We are certainly seeing movement in the right direction in our banking system.
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congress.govWe are certainly seeing movement in the right direction in our banking system.
Bernanke discusses positive changes in the banking system post-crisis.
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The economy needed help from Congress--if not from additional spending (on roads and bridges for example), then at least in areas such as retraining unemployed workers.
As I have said many times, I think that fiscal policy is focusing a bit too much on the short run, and not enough on the long run.
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.