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November 2009 Research Note, "Recent Bernanke Speech Addresses Concept of 'Too Big to Fail' and Other Economic Challenges"
Abstract
Federal Reserve Chairman Ben S. Bernanke was the keynote speaker at the 406th meeting of the Economic Club of New York on November 16. This issue of Research Note summarizes Chairman Bernanke's key comments about the following topics:
- The Fed's outlook for the U.S. economy, including challenges the it faces going forward, and policy,
- Constrained bank lending and credit availability,
- The difficult job market,
- Inflation,
- The value of the dollar,
- The need to address the concept of "too big to fail," and
- Asset prices.
