I had been to Europe that summer, and they said, 'Can anybody verify that?'

Indeed, I hope to spend more time and to be more effectively involved in the city than I have been able to be at the Fed,

They are not going to raise rates till probably next fall, if that, assuming that the recovery continues to gather momentum.

It's something we're watching, but not with great concern, ... I think there is room in the world for another major currency and this was one is certainly welcome.

it will be a good long time before there's upward pressure on prices or wages.

The remarkable thing about the U.S. is that for so long we were so big, and we were not heavily engaged. We have to worry about global financial crises affecting our economy.

They've been excellent appointments. These people are in the tradition of strong, well-qualified, non-ideological economists.

The most nervous-making point at the moment is Brazil, ... The international economy rallied around Brazil and hopes very much the Brazilians will be able to fulfill their part of the bargain with the IMF (International Monetary Fund) and keep their economy from going under.

The situation now is really very different from the 1980s.

The real need is not for more hospital beds. It's for more primary care and keeping people out of hospital beds and emergency rooms.