Bernanke pays homage to predecessors


The chairman of the Federal Reserve, Ben Bernanke, on March 22 gave the second in a four-part series of lectures to students at the George Washington University in Washington, DC.

During the class, he recalled the work of previous Fed chiefs. Of Paul Volcker, Bernanke said the man remained "to this day an influential figure in economic policy discussions".

Bernanke told students how then-president Jimmy Carter was fighting to get re-elected at a time when the US economy was performing very poorl

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