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Letter "B" » Ben Bernanke Quotes
«However, more recently, there have been signs of some easing of underwriting standards.»
«In the absence of a shift in market perceptions of the relative attractiveness of U.S. and foreign assets, government policies would likely have only limited effects on the trade balance.»
«The prospective increase in the budget deficit will place at risk future living standards of our country. As a result, I think it would be very desirable to take concrete steps to lower the prospective path of the deficit.»
«So far, the actual actions taken have been relatively modest, but there is some hope, I think, that, going forward, these actions will advance further and we will see more progress in the current account.»
«I do think there is some chance we will see increased private sector savings in the next year or two if housing prices were to moderate.»
«The bottom line for policy appears ambiguous.»
«By not tying policy to a small set of forecast indicators, we may sacrifice some degree of simplicity, but we are less likely to be misled when a favored variable behaves in an unusual manner.»
«With such an uncertain outlook, the new statement must be flexible enough to leave officials with several options for future action.»
«Congress had made clear that it has affirmed the principle of keeping banking and commerce separate. This loophole ... circumvents that principle. If Congress wants to revisit banking and commerce, that's their prerogative but it doesn't seem a good approach to allow a loophole in which that distinction breaks down.»
«Community banks are generally doing quite well, and I expect that good performance to continue. Neither bankers nor their supervisors should become complacent.»