In the speech 'Attack at the Economic Heart of America: What 9/11 Taught the United States about Its Economic Security' given on 29 October J. Alfred Broaddus of the Federal Reserve Bank of Richmond said in addition to what it can do to manage a terrorist crisis by providing liquidity during the crisis, the Fed can also mitigate such crises even before they occur by maintaining credibility for low and stable inflation, and the foundation such credibility provides for financial stability, in our