I completely agree with you that community banks were not the source of the financial crisis, and my colleagues and I do not want to see them caught up in unnecessary regulatory bu...
I would not favor trying to raise our inflation objective above where it is.
I pledge that I will continue to work with my colleagues to do all that we can to make sure that we reduce the burdens o...
I agree with you, I am very concerned about trends toward rising income inequality in the country.
We are on the order of 35 percent, and that is--of all those unemployed more than 6 months, and that is a very disturbin...
We have seen that deflation is associated with very weak outcomes, economic outcomes, in the rare situations where it ha...
First of all, it raises the real or inflation-adjusted cost of capital, and it also redistributes debt burdens.
Whenever we put out a regulation--an example would be our recent capital regulations implementing Basel III--we put out ...
I think it is essential that the path of debt to GDP be one that is sustainable over time.
I strongly believe that monetary policy is most effective when the public understands what the Fed is trying to do.
We are certainly trying to be faithful to the intent of this rule, which is to eliminate short-term financial speculatio...