It is actually really important that we achieve our 2 percent target because our credibility is important on that front.
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I think we make better decisions when we have diverse voices around the table.
I look forward to working closely with you in the years ahead.
I would say for the year 2017, about 2.5 percent.
Full employment is not sort of a precise concept in our thinking, in my thinking, and I think a number of indicators would suggest that we are at or around full employment.
Yes, of course. We are very focused on pockets of people and different pockets of people for whom the recovery is not real yet.
I would echo what Pope Francis said in exhorting his parish priests soon after he assumed the papacy.
We do not have a lot of tools to address the income inequality.
I am strongly committed to that framework of transparency and accountability.
I would say in a range--you know, the truth is that there are big uncertainty bands around these forecasts.
There is no indication in wages that the labor market is overheating or even hot.
The very low settings of interest rates that were appropriate during the crisis and after to support economic activity are no longer appropriate.
I am strongly committed to an independent Federal Reserve.
I would also like to express my gratitude to President Trump for the confidence he has shown by nominating me to serve as Chairman of the Board of Governors of the Federal Reserve System.
In our democracy, transparency and accountability must accompany that independence.