Monetary Policy Is Not A Panacea.

It Takes About Two And A Half Percent Growth Just To Keep Unemployment Stable.

The Fed Is Totally Open.

I Am Confident That We Will Meet Whatever Challenges The Future May Bring.

We Do Not Expect Significant Spillovers From The Subprime Market To The Rest Of The Economy Or To The Financial System.

Speaking As Somebody Who Has Been Happily Married For 35 Years, I Can't Imagine Any Choice More Consequential For A Lifelong Journey Than The Choice Of A Traveling Companion.