Developments in financial markets can have broad economic effects felt by many outside the markets.
Ben BernankeWhile rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S.
Ben BernankeIndeed, in general, healthy investment returns cannot be sustained in a weak economy, and of course it is difficult to save for retirement or other goals without the income from a job.
Ben BernankeHouse prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.
Ben Bernanke