On the recordJanuary 6, 2011
We think the current mandate is workable.
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congress.govWe think the current mandate is workable.
Bernanke supports maintaining the Federal Reserve's dual mandate.
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Right now our concern is that the Chinese currency policy is blocking what might be a more normal recovery process in the global economy, and it is to an extent hurting our recovery.
Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking capital regime.
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.