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Letter "B" » Ben Bernanke Quotes
«The high energy prices are certainly burdening consumer budgets, they are burdening cost structures of firms and certainly continued increases in energy prices are a risk for economic growth going forward.»
«A very important factor is the fact that inflation expectations are well-controlled and well-contained, which means that the Federal Reserve, unlike the 70s, doesn't have to react violently in terms of raising interest rates to contain the second- and third-round inflationary impacts. So I remain pretty optimistic about the economy,»
«There is of course the direct impact of the shutting down of the U.S. economy, the loss of several hundred thousand jobs at least, and reduced output production in the Gulf,»
«I'm... fairly optimistic today about the ability of the U.S. economy to absorb these body blows.»
«impact on consumer spending and production broadly will be modest.»
«But again, I remain optimistic that the impact on energy from these two events will be limited.»
«pretty optimistic about the economy.»
«So far, the effects appear to be relatively modest on growth.»
«I don't see any significant risk of a recession.»
«at or near its potential next year.»