Ben Bernanke Generally Quotations

In the past, Federal Reserve chairmen have not generally gone directly to the public.

Sector-specific price declines, uncomfortable as they may be for producers in that sector, are generally not a problem for the economy as a whole and do not constitute deflation.

I think it's generally a bad idea for the Fed to be the arbiter of asset prices. The Fed doesn't really have any better information than other people in the market about what the correct value of asset prices is.

Community banks are generally doing quite well, and I expect that good performance to continue. Neither bankers nor their supervisors should become complacent.