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Bernanke: The Federal Reserve: Looking Back, Looking Forward
In less than a month my term as Fed Chairman will end. Needless to say, my tenure has been eventful--for the Federal Reserve, for the country, and for me personally. I thought it appropriate today to reflect on some accomplishments of the past eight years, as well as some uncompleted tasks. I will briefly cover three areas in my remarks: (1) the Federal Reserve's commitment to transparency and accountability, (2) financial stability and financial reform, and (3) monetary policy. I will close by discussing the prospects for the U.S. and global economies. Transparency and Accountability Fostering transparency and ... (full story)
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