12/07/2015
https://www.congress.gov...
"The Fed needs to restore positive real short-term interest rates fairly soon."
"Even if the Fed did succeed in the Herculean task for getting the unemployment rate down to 7 percent, we could never be sure that the unemployment rate was below what we call the 'natural rate,' in w..."
"When a public health emergency hits, the headlines are all about what is happening on a minute by minute, hour by hour basis."
"That is a pretty significant shortfall."