I think a more protectionist approach to trade, if it is sustained over a period of time, has not historically been good for economies.
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I think it is our obligation to explain ourselves.
Explaining what we are doing and why we are doing it, and will continue to pursue ways to improve transparency both in monetary policy and in regulation.
If this process leads to a world of higher tariffs on a wide range of goods and services that are traded and those are sustained for a longer period of time--in other words, if it results in a more protectionist world, that will be bad for…
I assure you that diversity will remain a high priority objective for the Federal Reserve.
I think certainly it would be very tough on the rural communities and, you know, I think we would feel that at the national level, too.
If it results in higher tariffs, then I think--you know, I hardly need to tell you what higher tariffs would do for agricultural producers.
Wage growth comes into really both of those things. It comes into maximum employment. It also comes into inflation.
I think, you know, what you have assigned us is literally maximum employment and stable prices, and also financial stability.
The stress test in 2018 was materially more stressful.
The most successful postcrisis innovation for bank regulation.
I think it is really important for the longer run that we get the housing finance system off the Federal Government's balance sheet and using market forces and some of the things that are already in place and carry forward some kind of a…
I think wages are set in the marketplace between workers and companies, and they are affected by a range of factors.
Yes, I would say that the labor market has strengthened.