The Fed is involved very unwillingly because there is no good system for addressing the failure of a major financial institution.
So if you raise taxes during a recession, you probably want to offset it with a tax cut elsewhere, for example.
One of the last decisions businesses make is new employees and a commitment to new employees.
The historical experience is that the labor market tends to lag the business cycle.
They will get extra income.
I have asked Vice Chairman Kohn to lead a review of our disclosure policies, with the goal of increasing the range of information that we ma...
I certainly am concerned about that.
From a fiscal perspective, the reforms to health care need to address the cost issue.
We have to restore ourselves to a more balanced fiscal path after addressing the financial and economic crises.
It is imperative on all of us as the policymakers, particularly the Congress which is responsible for fiscal policy, to make sure that we do...
Yes, sir, our expectation is that we will begin to see growth in the economy, so the end of the technical recession, later this year.