Full Text: Ben Bernanke Speech | Economic Club of New York, NY | October 15
October 15, 2008 by Ohio Clipper · 3 Comments
Filed under: Bailout Bill, U.S. Economy, U.S. Financial Crisis
Filed under: Bailout Bill, U.S. Economy, U.S. Financial Crisis
(Source: U.S. Federal Reserve Board of Governors)
Stabilizing the Financial Markets and the Economy
Good afternoon. I am pleased once again to share a meal and some thoughts with the Economic Club of New York. I will focus today on the economic and financial challenges we face and why I believe we are well positioned to move forward. The problems now evident in the markets and in the economy are large and complex, but, in my judgment, our government now has the tools it needs to confront and solve them. Our strategy will continue to evolve and be refined as we adapt to new developments and the inevitable setbacks. But we will not stand down until we have achieved our goals of repairing and reforming our financial system and restoring prosperity. Read more
