Board of Governors of the Federal Reserve System

Remarks by Governor Ben S. Bernanke At the Annual Washington Policy Conference of the National Association of Business Economists, Washington, D.C.

crisis, the large quantity of reserves created under quantitative easing

crisis in the 1840s. These facts suggest that foreign investors in the...crisis of the 1840s, states reduced their borrowing for infrastructure

crisis in Asia. Outside of manufacturing, increases in employment in the

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crisis, Congress assigned the Fed additional responsibilities related ...crisis, we've learned more about the important roles credit growth and

crisis. The Federal Reserve is committed to working with the other U.S...crisis, we have reoriented our supervision of the largest, most complex

crisis can spread unpredictably. For example, Lehman's default on its ...crisis and a further worsening of global economic conditions. Conceivably

Crisis and its aftermath probably raised foreign gross domestic product...crisis, their central banks adopted similar policies. By contrast, the

crisis. The Federal Reserve stepped in quickly to assist, reviving several...crisis and creating several new facilities. We also cut short-term interest