On the recordFebruary 28, 2011
We want to be sure that price stability is maintained, that inflation remains low and stable.
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congress.govWe want to be sure that price stability is maintained, that inflation remains low and stable.
Bernanke highlights the importance of maintaining price stability and low inflation.
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I know you are trying, and I hope that you can find the agreement to see these important objectives.
forcing these activities out of insured depository institutions would weaken both financial stability and strong prudential regulation of derivative activities.
Congress, I hope, has the foresight to see that interest rates will not be this low forever.
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.