Political Quotes

undesirable boom-bust cycles that ultimately lead to both a less stable economy and higher inflation

Although monetary policy is working to promote a more robust recovery, it cannot carry the entire burden of ensuring a speedier return to economic health. The economy's performance both over the near term and the longer run will depend…

Congress did not intend for the Federal regulators to discard the State risk-based capital system in favor of a banking capital regime.

I think it is consistent with our mandate and with our current policy to maintain price stability, and that is what we have been achieving.