Ben Bernanke Effect Quotations

As an educator myself, I understand the profound effect that good teachers and a quality education have on the lives of our young people.

To minimize market uncertainty and achieve the maximum effect of its policies, the Federal Reserve is committed to providing the public as much information as possible about the uses of its balance sheet, plans regarding future uses of its balance sheet, and the criteria on which the relevant decisions are based.

Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear.

In the shorter term, the devastation wrought by Hurricane Katrina will have a palpable effect on the national economy.