Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates. β¨ Semiannual Monetary Policy Report to the Congress. www.federalreserve.gov. February 15, 2006.
More Author Quotes
- The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis. β¨ 60 Minutes with Scott Pelley, www.realclearpolitics.com. March 15, 2009.
- I served seven years as the chair of the Princeton economics department where I had responsibility for major policy decisions, such as whether to serve bagels or doughnuts at the department coffee ho β¦ βΆ
- Monetary policy is not a panacea. β¨ Ben Bernanke won't commit to fiurther Fed stimulus - US politics live. Richard Adams's blog, www.theguardian.com. June 7, 2012.
- The risk that the economy has entered a substantial downturn appears to have diminished over the past month or so. β¨ MAULDIN: Economists Are Totally Clueless About The Economy by John Mauldin, www.bu β¦ βΆ
- I don't see much evidence of an equity bubble.
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