Jack Reed actually said...

In fact, the Open Market Committee indicates that it could reach 9.2 percent in 2009 and 2010.

I think what my colleagues have said is that despite the first step by the Federal Reserve, we have to be very, very sensitive to the capaci...

you have to move aggressively, clearly, and to start working.

there is an over-correction going on in the marketplace which argues very strenuously for decisive action, which I hope is forthcoming.