Transcripts of the monetary policymaking body of the Federal Reserve from 2002–2008.

Just to underscore, Mr. Chairman, what I said, I think President Evans is right—I would not be prepared to make a recommendation today on 28 alongside 84. I think it just needs a little more time, not a lot more time, but we have to think through it to make sure we can do it. We have to come back to you and explain how we think we would manage through those issues, if we think they’re manageable. One thing we might do is use the SCRM process that exists to expose them in a little more depth to whatever our thinking collectively here is on the operational issues and the signal issues, and we can probably do something quickly on that tomorrow. But I think we need to reflect a bit and come back to you.

Keyboard shortcuts

j previous speech k next speech