Highlights of Bernanke's Speech

Following are some of the notable quotes from a speech Federal Reserve Chairman Ben Bernanke delivered Friday at the Kansas City Fed's Economic Symposium in Jackson Hole, Wyo.:

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"The Federal Reserve stands ready to take additional actions as needed to provide liquidity and promote the orderly functioning of markets."

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"It is not the responsibility of the Federal Reserve -- nor would it be appropriate -- to protect lenders and investors from the consequences of their financial decisions. But developments in financial markets can have broad economic effects felt by many outside the markets, and the Federal Reserve must take those effects into account when determining policy."

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