I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the high value Americans have traditionally placed on equality of opportunity.

By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.

Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not.

Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.

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.

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

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.