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

This is not the first time that particular phrase has been argued. The issue basically is this: When we talk about risks to something we have to say what that something is. In other words, just to say the risks are balanced or unbalanced is fine if one knows the base against which the evaluation is being made.

Keyboard shortcuts

j previous speech k next speech