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Remarks Before CERAWeek, Houston, Texas, February 9, 2009. ; "Our senators and congressmen and -women must find a way to give our economic engine an activating short-term jolt without encumbering or disincentivizing the entrepreneurial dynamic that has made for the long-term economic miracle...
Persistent link: https://www.econbiz.de/10010723028
"As to the Federal Reserve reducing its balance sheet so as not to monetize the excess reserves waiting to be converted to bank loans to the private sector, I have been very clear: Given the lag between the time monetary policy is initiated and when it impacts the economy, that wind-down process...
Persistent link: https://www.econbiz.de/10010723029
"I believe I can safely speak for us all when I tell you that the Federal Reserve will continue to explore every avenue and consider every option to see the credit market through the current crisis, consistent with the safety of the System." ; Remarks before the International Institute of...
Persistent link: https://www.econbiz.de/10010723038
"Despite the efforts of the Fed, the hope that comes with a new presidency, and what will hopefully be responsible and carefully calibrated fiscal initiatives for the Congress, I believe we have an epic challenge ahead of us. We are navigating the mother of all financial storms. We will...
Persistent link: https://www.econbiz.de/10010723047
Remarks before the Park Cities Rotary Club, Dallas, Texas, February 9, 2007 ; "At this early juncture in 2007, I think it entirely reasonable to expect the economy to maintain an average pace of 3 percent growth for the year. And, if we at the Fed do our job well, we should be able to...
Persistent link: https://www.econbiz.de/10010723052
Remarks before Tsinghua University's School of Economics and Management, Beijing, China, April 17, 2009. ; "The Federal Reserve is in the process of acquiring the tools to short-circuit any inflationary consequences of its balance sheet growth."
Persistent link: https://www.econbiz.de/10010723068
Remarks before the 2009 Global Supply Chain Conference, Fort Worth, Texas, March 4, 2009. ; "If, in the process of doing what is right and proper by confining its activity to its singular purpose, the Federal Reserve becomes a 'nuisance,' so be it. The Fed under Paul Volcker's leadership was...
Persistent link: https://www.econbiz.de/10010723073
Remarks at the Greater Dallas Chamber Annual State of Technology Luncheon, Dallas, Texas, October 2, 2007. ; "We live in a time when it is fashionable to look at all glasses as half full. Chicken Little rules the roost of economic prognostication. The innovators in this room know differently."
Persistent link: https://www.econbiz.de/10010723082
Remarks before the Eller College of Management, University of Arizona, Tucson, Arizona, March 30, 2010 ; "Generally, the data indicate that we will move down the field this year at about a 3 percent clip. It is less than we had grown accustomed to in the heyday before the crisis, and it may not...
Persistent link: https://www.econbiz.de/10010723087
Remarks at Harvard's John F. Kennedy School of Government, Cambridge, Massachusetts, February 23, 2009. ; "It may seem like the stuff of the wildest dreams to imagine our getting ourselves out from our current nightmarish predicament. But I believe we can and we will. We are Americans. I believe...
Persistent link: https://www.econbiz.de/10010723092