I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.

For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking system, the S.I.V.’s — I didn’t see any of that coming until it happened.

We do not interpret bitcoin's popularity as having a relationship with the public's view of the Federal Reserve's conduct of monetary policy

To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.

Listening to others, especially those with whom we disagree, tests our own ideas and beliefs. It forces us to recognize, with humility, that we don't have a monopoly on the truth.

I would be strongly committed to working with the FOMC to continue promoting a robust economic recovery ... I consider it imperative that we do what we can to promote a very strong recovery.

In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.