The decline in home equity makes it more difficult for struggling homeowners to refinance and reduces the financial incentive of stressed borrowers to remain in their homes. Ben Bernanke borrowerdeclinedifficult Change image and share on social
Certainly, 9 percent unemployment and very slow growth is not a good situation. Ben Bernanke goodgrowthpercent Change image and share on social
The Depression was an incredibly dramatic episode - an era of stock-market crashes, breadlines, bank runs and wild currency speculation, with the storm clouds of war gathering ominously in the background... For my money, few periods are so replete with human interest. Ben Bernanke backgroundbankbreadline share on social
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly. Ben Bernanke americancongresscritical share on social
Economic management involves the operation of economic frameworks in real time - for example, in the private sector, the management of complex financial institutions or, in the public sector, the day-to-day supervision of those institutions. Ben Bernanke complexdayeconomic share on social
Preventing liquidation of an unbalanced market will leave you in tears. Ben Bernanke leaveliquidationmarket Change image and share on social
You want to put the fire out first and then worry about the fire code. Ben Bernanke codefireput Change image and share on social
The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences. Ben Bernanke bankcentralchance Change image and share on social
Long-term unemployment is particularly costly to those directly affected, of course. But in addition, because of its negative effects on workers' skills and attachment to the labor force, long-term unemployment may ultimately reduce the productive capacity of our economy. Ben Bernanke additionaffectattachment share on social
High levels of homeownership have been shown to foster greater involvement in school and civic organizations, higher graduation rates, and greater neighborhood stability. Ben Bernanke civicfostergraduation Change image and share on social
