Ben Bernanke memoir will be titled ‘The Courage to Act’
NEW YORK (AP) — The memoir by Federal Reserve Chairman Ben Bernanke will be called “The Courage to Act” and is coming out in October.
The title and release date were announced Wednesday by publisher W.W. Norton & Co. The deal was originally reported last year, soon after Bernanke completed his second of two 4-year terms as chairman.
Bernanke plans to focus on the Fed’s response to the financial crisis of 2008. In a statement issued by Norton, he said the title of the book was inspired by the Fed’s “moral courage” in the face of “bitter criticism and condemnation.” Bernanke faced a wide range of attacks, from doing too little for the economy to acting too aggressively.