• 
• 
• 
• 
• 
• 

1. black
2. grey
3. blue
4. red
5. brown
6. white

The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so.

Ben Bernanke

Related Topics

MonthsPastRisk

Popular Authors

Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

| Next

More Ben Bernanke Quotes

• 

  I and others were mistaken early on in saying that the subprime crisis would be contained. The causal relationship between the housing problem and the broad financial system was very complex and difficult to predict.

  BEN BERNANKE
  CasualFinancialProblemRelationship
• 

  Nobody really understands gold prices and I don’t pretend to understand them either.

  BEN BERNANKE
  GoldGold Price
• 

  A gold standard doesn’t imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.

  BEN BERNANKE
  GoldPeopleStandard
• 

  The Federal Reserve is not currently forecasting a recession.

  BEN BERNANKE
  FederalForecastingRecessionReserve
• 

  We do not expect significant spillovers from the subprime market to the rest of the economy or to the financial system.

  BEN BERNANKE
  EconomyFinancialSignificant
• 

  The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences.

  BEN BERNANKE
  ChanceGuidanceInference
• 

  Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it ultimately wants the funds rate to be and would move to that rate in a single step.

  BEN BERNANKE
  CommitteeCountryMoving
• 

  …the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals

  BEN BERNANKE
  GoalInvestingLevels
• 

  While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.

  BEN BERNANKE
  DelinquencyRisingYears
• 

  The people who best use their advantages, or overcome adversity, and work honestly are those most worthy of admiration.

  BEN BERNANKE
  AdversityPeopleUse
• 

  The Federal Reserve will not monetize the debt.

  BEN BERNANKE
  DebtFederalReserveReserves
• 

  If Wall Street crashes, does Main Street follow? Not necessarily.

  BEN BERNANKE
  CrashDoeWall
• 

  The crisis and recession have led to very low interest rates, it is true, but these events have also destroyed jobs, hamstrung economic growth and led to sharp declines in the values of many homes and businesses.

  BEN BERNANKE
  GrowthHomeJobs
• 

  I don’t think that Chinese ownership of U.S. assets is so large as to put our country at risk economically.

  BEN BERNANKE
  CountryRiskThinking
• 

  Although low inflation is generally good, inflation that is too low can pose risks to the economy – especially when the economy is struggling.

  BEN BERNANKE
  EconomyRiskStruggle
• 

  I come from Main Street, from a small town that’s really depressed.

  BEN BERNANKE
  Main StreetSmallTowns