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Chapter from: "Ben Bernanke's Fed: The Federal Reserve After Greenspan"
Published by: Harvard Business Publishing
Published in: 2008

Abstract

Ben Bernanke, the latest Fed Chair, belongs to a generation of economists who believe in a fully transparent central bank, which means clearly conveying to the public its forecasts for the economy, its policy goals, and the rationale behind its policy choices. However, Bernanke is also likely to keep a much lower profile than his predecessor, Alan Greenspan, who became an economic guru. This chapter examines how Bernanke is changing the way the Fed presents itself to the public. This chapter is excerpted from ‘Ben Bernanke's Fed: The Federal Reserve After Greenspan'.
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Abstract

Ben Bernanke, the latest Fed Chair, belongs to a generation of economists who believe in a fully transparent central bank, which means clearly conveying to the public its forecasts for the economy, its policy goals, and the rationale behind its policy choices. However, Bernanke is also likely to keep a much lower profile than his predecessor, Alan Greenspan, who became an economic guru. This chapter examines how Bernanke is changing the way the Fed presents itself to the public. This chapter is excerpted from ‘Ben Bernanke's Fed: The Federal Reserve After Greenspan'.

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