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The risk exists that, with aggregate demand exhibiting considerable momentum, output could overshoot its sustainable path, leading ultimately in the absence of countervailing monetary policy action to further upward pressure on inflation.

Ben Bernanke

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In the future, my communications with the public and with the markets will be entirely through regular and formal channels.

The Federal Reserve is not currently forecasting a recession.

A money-financed tax cut is essentially equivalent to Milton Friedman's famous 'helicopter drop' of money.

If you are asking me if I would advocate that the Chinese go to greater flexibility in their exchange rate, I certainly would.

It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.

The more important reason is that the research itself provides an important long-run perspective on the issues that we face on a day-to-day basis.

Life is amazingly unpredictable any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination.

The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.

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 and fairly.

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.

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

I am very proud of my nerd-dom.

The Federal Reserve will not monetize the debt.

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.