the possibility of financial stability disruptions from physical risks, quote, 'doesn't seem likely in the near term,' end quote.

price stability is half of our mandate.

I do think the main thing that we can do is to make sure that, you know, consistent with the inflation side of our mandate that we do foster a strong employment market.

If entrenched inequities prevent some Americans from participating fully in our labor markets, not only will they be held back from opportunities, but our economy overall will not realize its potential.

I would expect we will drop it--I hate to say it again--in coming weeks.

As you know, we work very hard to achieve diversity, and as all major American institutions, public and private, do these days, we certainly do.

We have to achieve price stability, and I believe we will, and I am confident we will.

I do think that we see now the great benefits that a strong labor market can bring to, you know, right across the whole population and for the whole economy.

It is essential that we do that without regard to political considerations.

My expectation is that we will see some relief on the supply side, as the year goes on.

the best thing any one of us can do to increase employment, raise wages, improve our supply chains, and reduce inflation is to get vaccinated, to wear masks, and follow the medical guidance to prevent the spread of COVID-19.

Our best expectation is there will be modest upward pressure on prices this year, but they won't be particularly large or persistent in the future.