All Quotes

Our policy is accommodative because unemployment is high and the labor market is far from maximum employment.

The sense of it, though, is that we want inflation to average 2 percent over time, and the reason we want that is that we want inflation expectations to be anchored right at 2 percent and not somewhat below 2 percent, which is arguably the…

I think climate change is a very important issue, and if you will allow me, I will start by saying that the nation's policy on climate change really needs to be set, in the first instance, by you, elected Representatives in the House and…

It will be one that has broad support among the community of intended beneficiaries, which was always the Fed's test and my test for what it would take for the Fed to support reform of CRA.

I think there is an opportunity for a harmonized role among the three agencies, and we are engaged, have been engaged, and continue to be engaged with the FDIC and the OCC.

What we learned in the course of the last expansion was that we could have unemployment at historically low levels without seeing troubling inflation arise.

The single most important policy to getting those sectors reopened and getting people back to work, of course, is bringing the pandemic to a decisive end as soon as possible.

It is not really a great strategy to wait until the 8th or 9th year of an expansion to get those benefits.

Fully recognizing the benefits of a strong labor market will take continued support from both near-term policy and longer-run investment.

At the Federal Reserve, we are strongly committed to achieving the monetary policy goals that Congress has given us: maximum employment and price stability.

The overall response of society to climate change...has to come from elected officials in Congress and also in executive branch under existing law.

The benefits of investing in our Nation's workforce are immense. Steady employment provides more than a regular paycheck. It also bestows a sense of purpose, improves mental health, increases lifespans, and benefits workers and their…

We will do that. I will say, though, that monetary policy as a tool is famously a broad--it is a broadly effective tool.

But, more generally, Senator, I think focusing on things that will make a longer-run difference to our economy is what I would do.

I also think it is important for businesses as well that they have a climate where they can trust, you know, that inflation is going to be under control and that business conditions are going to be good and that they can invest.

To be clear, the District of Columbia is not requesting other Federal law enforcement personnel and discourages any additional deployment without immediate notification to and consultation with MPD if such plans are underway.

We will pursue these leads wherever they take us.

I don`t think that this is necessarily a one-off. FBI Director Wray has indicated that the threat of domestic terrorism, and particularly of white supremacist extremists, is his number one concern in this area. We are facing a more…