Bernanke's Rebuttal The writer writes this journal in response to Bernan cision not only to defend the central bank but also his policies in the wake of the diminutive economic growth. The journal reviews several aspects related to the slow growth of the Federal Reserve System Fed. The Journal looks into the omments on national unemployment; monetary policy; economic models and growth; economic conditions and the Federal Reserve monetary policy. The journal also evaluates his comments on their relationship to the slow growth of the bank. Numerous issues are affecting the growth rate of Fed. The most profound factor is the monetary policy of the bank about the current fundamental in the reduced unemployment rates in the country. The writer shows concern that Ben proceeds in an expedient way; attributing positive outcomes to entitlements and adverse outcomes to excuses. According to the writer, Ben and Fed should stop making excuses and take responsibility for the slow growth of Fed. The financial crisis isn't the only reason behind the deplorable performance of Fed. The best strategy to remediating the dismal performance displayed by Fed is by creating an improved data-driven monetary policy. There are numerous approaches to improving the monetary policy that can increase the performance of the nation without lifting the fed-funds rates as stated by Ben. 鈥?br > Reference Bernanke's rebuttal. (2015, May 01). Wall Street Journal.
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