| think there are sort of two kinds of |
3.06 |
Jump to 207.959 |
CARDINAL
two
|
| was one of the people who few people who |
6.901 |
Jump to 231.599 |
|
| first of all let me say this this |
3.96 |
Jump to 288 |
ORDINAL
first
|
| this happen here today so I I first met |
4.8 |
Jump to 297.78 |
DATE
today
ORDINAL
first
|
| governor in May 2012 almost exactly 11 |
6.36 |
Jump to 302.58 |
DATE
May 2012
|
| became chair in 2018 Tomas was the head |
5.22 |
Jump to 356.58 |
DATE
2018
ORG
Tomas
|
| conducted our first ever public monetary |
4.92 |
Jump to 369.6 |
ORDINAL
first
|
| college that his older sisters did 10 |
4.98 |
Jump to 442.08 |
CARDINAL
10
|
| in 1975 during what we now call the |
4.739 |
Jump to 468.96 |
DATE
1975
|
| and restore price stability and uh one |
4.56 |
Jump to 499.02 |
CARDINAL
one
|
| nonetheless far above our two percent |
4.019 |
Jump to 524.82 |
PERCENT
two percent
|
| first time in their lives |
4.2 |
Jump to 530.88 |
ORDINAL
first
|
| returning to our two percent goal we |
4.26 |
Jump to 562.44 |
PERCENT
two percent
|
| happened to me when I was six years old |
4.32 |
Jump to 588.42 |
DATE
six years old
|
| now I was only six years old but I could |
4.379 |
Jump to 629.64 |
|
| productive capacity in 1933 that you had |
6.361 |
Jump to 644.519 |
DATE
1933
|
| in 1928 and in 1928 people were dancing |
5.641 |
Jump to 647.399 |
DATE
1928
DATE
1928
|
| to Charleston in 1933 they were in bread |
4.98 |
Jump to 650.88 |
GPE
Charleston
DATE
1933
|
| both of you during your 10 years as |
5.021 |
Jump to 697.519 |
DATE
10 years
|
| decline in capital you had the second |
3.48 |
Jump to 807.18 |
ORDINAL
second
|
| for depositors the third stage of the |
5.86 |
Jump to 822.44 |
ORDINAL
third
|
| differences one is that the impaired |
4.98 |
Jump to 882.18 |
|
| one very important difference I think |
3.421 |
Jump to 911.639 |
CARDINAL
one
|
| it's a great question and it's one I |
3.06 |
Jump to 1184.64 |
|
| War One World War II the Korean War and |
5.821 |
Jump to 1320.299 |
EVENT
World War II
EVENT
the Korean War
|
| it's one aspect of that which is very |
4.441 |
Jump to 1422.059 |
CARDINAL
one
|
| first step in getting control of |
4.441 |
Jump to 1434.419 |
ORDINAL
first
|
| the unemployment rate was around three |
4.08 |
Jump to 1447.86 |
CARDINAL
three
|
| and a half percent you know five decade |
5.701 |
Jump to 1449.419 |
DATE
know five decade
|
| kind of struggling to get up to two |
4.559 |
Jump to 1455.12 |
CARDINAL
two
|
| in 2023 the unemployment rate is roughly |
4.441 |
Jump to 1459.679 |
DATE
2023
|
| above uh two percent |
4.4 |
Jump to 1466.82 |
PERCENT
two percent
|
| first place okay you want to take that |
4.441 |
Jump to 1490.039 |
ORDINAL
first
|
| one first as I was talking about before |
5.841 |
Jump to 1491.659 |
|
| low close to three and a half percent |
3.9 |
Jump to 1590.72 |
|
| inflation when it first spiked in Spring |
5.759 |
Jump to 1619.52 |
ORDINAL
first
DATE
Spring
|
| of 2021 by contrast I do think that |
4.861 |
Jump to 1622.279 |
CARDINAL
2021
|
| unemployment rate of say four percent uh |
5.22 |
Jump to 1665.059 |
PERCENT
four percent
|
| 2021 than it did in 2018. |
5.341 |
Jump to 1670.279 |
CARDINAL
2021
DATE
2018
|
| um we at the end of 2018 and the end of |
4.92 |
Jump to 1692.48 |
DATE
the end of 2018
|
| 2021 we had four percent roughly |
5.46 |
Jump to 1695.24 |
CARDINAL
2021
PERCENT
four percent
|
| unemployment in both cases in 2018 the |
5.7 |
Jump to 1697.4 |
DATE
2018
|
| vacancies to unemployment ratio was one |
5.339 |
Jump to 1700.7 |
CARDINAL
one
|
| to one essentially in 2021 it was two to |
5.22 |
Jump to 1703.1 |
CARDINAL
one
DATE
2021
CARDINAL
two
|
| one and that was a much better indicator |
5.421 |
Jump to 1706.039 |
|
| one of its purposes the narrow purpose |
3.901 |
Jump to 1812.179 |
CARDINAL
one
|
| Greenspan and go back to 1994 the first |
6.18 |
Jump to 1820.46 |
PERSON
Greenspan
DATE
1994
ORDINAL
first
|
| other reasons for uh communication one I |
5.22 |
Jump to 1850.88 |
|
| affects them uh one final thing I would |
5.759 |
Jump to 1877.52 |
|
| four times a year after the um summary |
4.321 |
Jump to 1916.039 |
CARDINAL
four
|
| burden or a sector second order |
4.5 |
Jump to 2041.74 |
ORDINAL
second
|
| chairman Greenspan beginning in 1994 |
3.72 |
Jump to 2048.22 |
PERSON
Greenspan
DATE
1994
|
| with the first post meeting statement |
4.92 |
Jump to 2050.32 |
ORDINAL
first
|
| just every other one we have greatly |
4.139 |
Jump to 2063.76 |
|
| in 2019 and 20 we conducted a public |
4.26 |
Jump to 2078.76 |
DATE
2019
CARDINAL
20
|
| Jay in one school of thought forward |
4.781 |
Jump to 2162.119 |
CARDINAL
one
|
| that was the March 2020 FMC meeting the |
6.359 |
Jump to 2238.24 |
DATE
March 2020
|
| rate increases you know the two-year |
4.74 |
Jump to 2268.9 |
DATE
two-year
|
| Titan between the September 21 meeting |
5.04 |
Jump to 2271 |
GPE
Titan
DATE
September 21
|
| and the and liftoff in March of 20 it |
4.38 |
Jump to 2273.64 |
DATE
March
CARDINAL
20
|
| tightened by 200 basis points before we |
4.38 |
Jump to 2276.04 |
CARDINAL
200
|
| inflation at two percent over time as I |
4.62 |
Jump to 2316.06 |
PERCENT
two percent
|
| assessment will be an ongoing one as we |
4.14 |
Jump to 2320.68 |
|
| a different forecast one in which |
3.72 |
Jump to 2362.26 |
|
| one is people don't understand the |
4.36 |
Jump to 2488.04 |
|
| March 2020 as a counter example but most |
3.84 |
Jump to 2521.32 |
DATE
March 2020
|
| think uh just if I might editorize one |
4.2 |
Jump to 2530.2 |
CARDINAL
one
|
| more minute the I think one of the |
4.32 |
Jump to 2532.48 |
TIME
more minute
|
| rate by five percentage points in a |
2.82 |
Jump to 2601.42 |
CARDINAL
five
|
| Communications on the one hand we wanted |
4.1 |
Jump to 2665.56 |
|
| 2021 but then turned decisively against |
6.24 |
Jump to 2689.98 |
DATE
2021
|
| 500 basis points in just over a year |
5.28 |
Jump to 2701.68 |
CARDINAL
500
DATE
just over a year
|
| to return inflation to two percent over |
3.06 |
Jump to 2710.92 |
PERCENT
two percent
|
| this one situation I think on |
6.419 |
Jump to 2892.66 |
|
| one of the things that I would urge |
3.599 |
Jump to 2942.76 |
CARDINAL
one
|
| program here at 1pm thanks everyone |
4.219 |
Jump to 3034.14 |
|