It takes about two and a half percent growth just to keep unemployment stable.

Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.

Given the central role of effective, firmwide risk management in maintaining strong financial institutions, it is clear that supervisors must redouble their efforts to help organizations improve their risk-management practices...We are also considering the need for additional or revised supervisory guidance regarding various aspects of risk management, including further emphasis on the need for an enterprise-wide perspective when assessing risk.

I'd throw dollars out of helicopters if I had to, to stimulate the economy.

The central bank needs to be able to make policy without short term political concerns.

The U.S. government has a technology, called a printing press (or, today, its electronic equivalent), that allows it to produce as many U.S. dollars as it wishes at essentially no cost.

The American people are among the most productive in the world. We have the best technologies. We have - great universities. We have entrepreneurs.