On the recordDecember 2, 2009
The next step at some point, when the economy is strong enough and ready, will be to begin to tighten policy, which means raising interest rates.
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congress.govThe next step at some point, when the economy is strong enough and ready, will be to begin to tighten policy, which means raising interest rates.
Johanns outlines the Fed's plan to tighten monetary policy when the economy improves.
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You are uncompromising in your fairness toward the members, and I appreciate that.
Let us make it right this time. Let us not make it so that the only thing that happens is the narrow band of things that everybody agrees to.
We should be darn sure about what we are doing, because it could have some economic consequences.