Remarks at Fordham University's Gabelli School of Business, Bronx, New York.

Testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs, Washington, D.C.

Opening Remarks at the Distressed Residential Real Estate: Dimensions, Impacts, and Remedies Conference, New York City.

Remarks at Fordham Wall Street Council, Fordham University Graduate School of Business, New York City.

Remarks at the at the Society of American Business Editors and Writers Fall Conference, City University of New York, Graduate School of Journalism, New York City.

Remarks at the European Economics and Financial Centre, London, England.

Remarks at the Household Debt and Credit Press Briefing, New York City.

The housing market is of central concern to monetary policy makers. To achieve the dual goals of price stability and maximum sustainable employment, monetary policy makers must understand the role that housing plays in the monetary transmission mechanism if they are to set policy instruments...