press releases · October 2, 2008
Press Release
October 03, 2008
Statement by Chairman Bernanke on action taken by Congress
For immediate release
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I applaud the action taken by the Congress. It demonstrates the government's commitment to do what it takes to support and strengthen our economy. The legislation is a critical step toward stabilizing our financial markets and ensuring an uninterrupted flow of credit to households and businesses.
The Federal Reserve will continue to work closely with the Treasury as it undertakes these new initiatives. We will continue to use all of the powers at our disposal to mitigate credit market disruptions and to foster a strong, vibrant economy.
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APA
Federal Reserve (2008, October 2). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20081003_statement_by_the_board_of_governors_of_the
BibTeX
@misc{wtfs_press_release_20081003_statement_by_the_board_of_governors_of_the,
author = {Federal Reserve},
title = {Press Release},
year = {2008},
month = {Oct},
howpublished = {Press Releases, Federal Reserve},
url = {https://whenthefedspeaks.com/doc/press_release_20081003_statement_by_the_board_of_governors_of_the},
note = {Retrieved via When the Fed Speaks corpus}
}