sexta-feira, 31 de janeiro de 2014

We will face some difficult challenges in the years ahead

We often speak of the Federal Reserve or other institutions 

as if they were autonomous actors. Of course, they are not. 

The Fed is made up of people, working within an 

organizational structure and with an institutional culture and 

set of values. I am very proud of my colleagues at the Fed 

for the hard work and creativity they have brought to bear in 

addressing the financial and economic crisis, and I think we 

and they have been well served by a culture that 

emphasizes objective, expert analysis; professionalism; 

 dedication; and independence from political influence. 

Whatever the Fed may have achieved in recent years 

reflects the efforts of many people who are committed, 

individually and collectively, to pursuing the public interest.

Ben S. Bernanke, Janeiro,  2014 in «The Federal Reserve: 

Looking Back, Looking Forward» @ Federal Reserve speech