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 and fairly.
Bernanke emphasizes the Federal Reserve's mission to ensure economic stability and fairness.
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The crisis was an enormous waste of resources, and unsafe practices by large financial institutions pose a risk not just to themselves but to the rest of society.
Let me just say that we are quite aware of these portfolios, and we are addressing them in at least two ways.
undesirable boom-bust cycles that ultimately lead to both a less stable economy and higher inflation
Lower paid workers, as well as women and minorities, are over-represented in the most affected sectors, and, thus, have borne a disproportionate share of the job and income losses.
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