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Remarks before the Bolsa Mexicana de Valores, Mexico City, February 29, 2012 ; "Mexico’s rapid recovery in all dimensions of its macroeconomy and financial sector is proof positive that the gain from reform is worth the pain. I would go so far as to say there are lessons to be learned here,...
Persistent link: https://www.econbiz.de/10010723031
"Monetary policy acts with a lag. I liken it to a good single malt whiskey or perhaps truly great tequila: It takes time before you feel its full effect. The Fed has to be very careful now to add just the right amount of stimulus to the punchbowl without mixing in the potential to juice up...
Persistent link: https://www.econbiz.de/10010723032
Remarks at the 2013 National Association for Business Economics Conference, Houston, TX, May 16, 2013 ; "I have advocated that we should begin to reef in the sails, beginning with our MBS purchase program. In my view, the housing market is on a self-sustaining path and does not need the same...
Persistent link: https://www.econbiz.de/10010723033
Remarks before the Dallas Assembly, Dallas, Texas, September 27, 2011 ; "Monetary policy cannot solve the problem of substandard economic performance unless it is complemented by fiscal policy and regulatory reform that encourages the private sector to put to work the affordable and abundant...
Persistent link: https://www.econbiz.de/10010723034
Remarks before the Longview Rotary Club, Longview, Texas, December 19, 2006
Persistent link: https://www.econbiz.de/10010723035
Remarks before the Economic Club of New York , New York City, October 17, 2013 ; "My heart bleeds for my country, for no amount of monetary accommodation, no conceivable amount of 'large-scale asset purchases,' no clever new monetary innovation by the Federal Reserve can offset the rot that is...
Persistent link: https://www.econbiz.de/10010723036
Remarks at the University of Texas Southwestern Medical Center commencement, Dallas, Texas, June 2, 2007 ; "...True success comes to those who best put their talents in context and who connect a substantial intellect to an equally developed emotional capacity. Those of us who lead cerebral lives...
Persistent link: https://www.econbiz.de/10010723037
"I believe I can safely speak for us all when I tell you that the Federal Reserve will continue to explore every avenue and consider every option to see the credit market through the current crisis, consistent with the safety of the System." ; Remarks before the International Institute of...
Persistent link: https://www.econbiz.de/10010723038
Remarks before the Independent Bankers Association of Texas Annual Convention, San Antonio, Texas, September 23, 2013 ; "Doing nothing at this [FOMC] meeting would increase uncertainty about the future conduct of policy and call the credibility of our communications into question."
Persistent link: https://www.econbiz.de/10010723039
Remarks before the U.S.-China Business Council, the Coalition of Service Industries and the American Council of Life Insurers, Washington, D.C., May 14, 2007 ; "The service sector may not be as noisy or get as much analytical or political attention as the manufacturing sector, but it has a...
Persistent link: https://www.econbiz.de/10010723040