Diane Swonk Trying Quotations

obviously something that (the Fed) is trying to stretch for, saying, 'Well maybe people aren't trading job security for wages anymore.'

A limited statement would be more productive because the Fed is trying to deal with psychological issues. They want the focus to be on their action, not their words.

The Fed doesn't want to be dealing with the old economy, with deficits returning. They're trying to have some impact on decisions made now without getting us into permanent problems.