“The view that the financial crisis had elements of a classic panic, particularly during its most intense phases, has helped to motivate a number of the Federal Reserve’s policy actions.”
Ben S. Bernanke
Chairman
U.S. Federal Reserve Bank
Reflections on a Year of Crisis
“The view that the financial crisis had elements of a classic panic, particularly during its most intense phases, has helped to motivate a number of the Federal Reserve’s policy actions.” Ben S. Bernanke Chairman U.S. Federal Reserve Bank
August 21, 2009