FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS CHAIRMAN BEN BERNANKE FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS CHAIRMAN BEN BERNANKE DELIVERS REMARKS AT ECONOMIC CLUB OF NEW YORK

From: Washington Transcript Service | Date: October 15, 2007 | Copyright information

Washington Transcript Service
10-15-2007
CHAIRMAN BERNANKE DELIVERS REMARKS AT THE ECONOMIC CLUB OF
NEW YORK, NEW YORK CITY, AS RELEASED BY THE FEDERAL RESERVE
OCTOBER 15, 2007
SPEAKER: FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS
CHAIRMAN BEN BERNANKE
[*]
BERNANKE: The past several months have been an eventful period
for the U.S. economy. In financial markets, sharpened concerns about credit
quality induced a retrenchment by investors, leading in some cases to significant
deterioration in market functioning. For some households and firms, credit
became harder to ...

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