On the recordDecember 2, 2009
We have continued to keep interest rates close to zero to try to stimulate growth.
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congress.govWe have continued to keep interest rates close to zero to try to stimulate growth.
Ben Bernanke explains the Federal Reserve's strategy to stimulate economic growth.
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We are working hard with our colleagues to put the Volcker rule into place, and that will restrict proprietary trading.
We all agree that the burden of regulation falls particularly heavily on small community banks which don't have the resources to manage those regulations very effectively.
As I have mentioned, it is a cost of these policies and it is one that we take very seriously.
forcing these activities out of insured depository institutions would weaken both financial stability and strong prudential regulation of derivative activities.