Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound.
The more you talk about them, the more important they will feel. The more you listen to them, the more important you will make them feel.
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Roy T. Bennett
My mother always says people should be able to take care of themselves, even if they're rich and important.
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Frances Hodgson Burnett
Our psychological and spiritual vigilance is very important during a time of persecution
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Sunday Adelaja
There is no job more important than parenting. This I believe.
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Benjamin Carson
The most important thing in life is wisdom and not money
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Sunday Adelaja
More Quotes By Ben Bernanke
In many spheres of human endeavor, from science to business to education to economic policy, good decisions depend on good measurement.
Given the extent of the exposures of major banks around the world to A.I.G., and in light of the extreme fragility of the system, there was a significant risk that A.I.G.'s failure could have sparked a global banking panic.
In the future, financial firms of any type whose failure would pose a systemic risk must accept especially close regulatory scrutiny of their risk-taking.
The failure of Lehman Brothers demonstrated that liquidity provision by the Federal Reserve would not be sufficient to stop the crisis substantial fiscal resources were necessary.
Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound.
