If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability ….

Weaker currencies abroad mean a strong dollar, and a stronger dollar, together with a weak global environment, is a drag on the U.S. economy. So it's….

Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of grow….

How much would you pay to avoid a second Depression?.

Like gold, U.S. dollars have value only to the extent that they are strictly limited in supply. But the U.S. government has a technology, called a pr….

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks….

Life is amazingly unpredictable; any 22-year-old who thinks they know where they will be in 10 years, much less in 30, is simply lacking imagination..

I assure this committee that, if I am confirmed, I will be strictly independent of all political influences... essential to that institution's abilit….

The lesson of history is that you do not get a sustained economic recovery as long as the financial system is in crisis..

The financial crisis appears to be mostly behind us, and the economy seems to have stabilized and is expanding again..

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of ….

I come from Main Street, from a small town that's really depressed..

Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-b….

There's no denying that a collapse in stock prices today would pose serious macroeconomic challenges for the United States. Consumer spending would s….

I don't think that Chinese ownership of U.S. assets is so large as to put our country at risk economically..

The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will mak….

Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it ultimately wants the ….

The best approach here, if at all possible, is to use supervisory and regulatory methods to restrain undue risk-taking and to make sure the system is….

The crisis in Europe has affected the US economy by acting as a drag on our exports, weighing on business and consumer confidence and pressuring US f….

I don't fully understand movements in the gold price..

While rising delinquencies and foreclosures will continue to weigh heavily on the housing market this year, it will not cripple the U.S..