Bernanke stresses financial stability role of central banks


Ben Bernanke, chairman of the Federal Reserve, on March 29 said central banks must view financial stability as an "equal partner" to price stability following the financial crisis.

Delivering the fourth and final lecture in a series given to students at George Washington University in Washington, DC, Bernanke said the global financial crisis should serve as a reminder to central bankers that ensuring financial stability is crucial.

"In the decades before the crisis, central banks often viewed

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