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Fed should have the courage to act

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On the advice of his wife, former US Federal Reserve chairman Ben Bernanke chose the title The Courage to Act for his memoir, published earlier this month, of the US subprime crisis, the title being a reference to the central bank under his guidance having the guts to take the unprecedented actions it did to prevent a Great Depression.

ON the advice of his wife, former US Federal Reserve chairman Ben Bernanke chose the title The Courage to Act for his memoir, published earlier this month, of the US subprime crisis, the title being a reference to the central bank under his guidance having the guts to take the unprecedented

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