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Ben S. Bernanke: The Effects of the Great Recession on Central Bank Doctrine and Practice, Oct. 18, 2011

MASSACHUSETTS–(ENEWSPF)–October 18, 2011  Remarks by Federal Reserve Chairman Ben S. Bernanke at the Federal Reserve Bank of Boston 56th Economic Conference, Boston, Massachusetts.

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The financial crisis of 2008 and 2009, together with the associated deep recession, was a historic event–historic in the sense that its severity and economic consequences were enormous, but also in the sense that, as the papers at this conference document, the crisis seems certain to have profound and long-lasting effects on our…

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