Ben Bernanke: “I think it is consistent with our mandate and with our current policy to maintain price stability, and that is what we…”

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.

We are working hard with our colleagues to put the Volcker rule into place, and that will restrict proprietary trading.

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…

Financial risk tends to migrate around regulatory obstacles like a river flows around rocks.