Remarks before Economic Club of Minnesota, Minneapolis, Minnesota, October 7, 2010 ; "There is a great deal of legitimate debate still to take place within the FOMC on the subject of quantitative easing and the pros and cons and costs and benefits of further monetary accommodation. Whatever we...

Remarks before the Vancouver Board of Trade, Vancouver, British Columbia, October 1, 2010 ; "Without exception, all the business leaders I interview cite nonmonetary factors--fiscal policy and regulatory constraints or, worse, uncertainty going forward--and better opportunities for earning a...

Remarks before Economic Club of Minnesota, Minneapolis, Minnesota, October 7, 2010 ; "There is a great deal of legitimate debate still to take place within the FOMC on the subject of quantitative easing and the pros and cons and costs and benefits of further monetary accommodation. Whatever we...

Remarks before the Vancouver Board of Trade, Vancouver, British Columbia, October 1, 2010 ; "Without exception, all the business leaders I interview cite nonmonetary factors--fiscal policy and regulatory constraints or, worse, uncertainty going forward--and better opportunities for earning a...

About two weeks prior to each FOMC meeting, the Federal Reserve releases a description of economic activity in a document called the Beige Book. The authors examine whether the descriptive content of the Beige Book affects asset prices. The results indicate that more positive Beige Book reports...

Remarks at a Community Luncheon hosted by the Federal Reserve Bank of Dallas, San Antonio Branch, Corpus Christi, Texas, June 14, 2006 ; "Against the background of sustained high prices for oil and gasoline and the inevitable propensity of sellers of goods and services to try to pass on cost...

"We are the nation's central bank and we are duty bound to apply every tool we can to clean up the mess that has soiled the face of our financial system and get back on the track of sustainable economic growth with price stability. The men and women of the Federal Reserve spend every waking hour...

Remarks before the Japan Center for Economic Research, Institute for International Monetary Affairs and Japanese Bankers Association, Tokyo, Japan, April 8, 2009. ; "But it is clear to me that in this environment, inflation is unlikely to present a serious threat given the pervasive bias in the...

Remarks Before CERAWeek, Houston, Texas, February 9, 2009. ; "Our senators and congressmen and -women must find a way to give our economic engine an activating short-term jolt without encumbering or disincentivizing the entrepreneurial dynamic that has made for the long-term economic miracle...

"Despite the efforts of the Fed, the hope that comes with a new presidency, and what will hopefully be responsible and carefully calibrated fiscal initiatives for the Congress, I believe we have an epic challenge ahead of us. We are navigating the mother of all financial storms. We will...