Ben Bernanke
Ben Bernanke
Ben Shalom Bernankeis an American economist at the Brookings Institution who served two terms as chairman of the Federal Reserve, the central bank of the United States, from 2006 to 2014. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the late-2000s financial crisis. Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the department of economics there from 1996 to September 2002, when he went on public service leave...
NationalityAmerican
ProfessionPolitician
Date of Birth13 December 1953
CityAugusta, GA
CountryUnited States of America
I think at this point in time that the inverted yield curve is not signaling a slowdown.
At some point in the future, the committee may decide to take no action at one or more meetings in the interest of allowing more time to receive information relevant to the outlook.
There are various estimates about the third quarter impact. Our CEA (Council of Economic Advisers) numbers are somewhere between a half and one percentage point on growth. That would still probably leave us at a decent rate of growth for the third quarter.
There are various estimates about the third quarter impact, ... Our CEA (Council of Economic Advisers) numbers are somewhere between a half and one percentage point on growth. That would still probably leave us at a decent rate of growth for the third quarter.
High energy prices are burdening household budgets and raising production costs, and continued increases would at some point restrain economic growth.
Evolving technologies that allow economists to gather new types of data and to manipulate millions of data points are just one factor among several that are likely to transform the field in coming years.
I think there's a good chance we'll dodge the bullet this time.
I see inflation as remaining well-contained going forward.
Over the past decade a combination of diverse forces has created a significant increase in the global supply of saving -- a global saving glut,
Our financial system is so complicated and so interactive - so many different markets in different countries and so many sets of rules.
Our understanding of the best practice in monetary policy evolved during Alan Greenspan's tenure at the Fed, and it will continue to evolve in the future,
Our assessment currently is that the risks to inflation are perhaps the more significant at the moment, and we need to address that.
Roger made invaluable contributions to the Federal Reserve and to the country.
Rents should begin to decelerate as the demand for owner-occupied housing stabilizes and the supply of rental units increases.