Ah, fulleconomicrecoveryisunlikelyuntilpeopleareconfidentthatitissafetoengage, reengagein a broadrangeofactivitieswithregardtointerestrates, wecontinuetoexpectitwillbeappropriatetomaintainthecurrent 0 to 1 quarterpercenttargetrangeforthefederalfundsrate.
Itwilltake a whiletogetbacktothelevelsofeconomicactivityandemploymentthatprevailedatthebeginningofthisyear, anditmaytakecontinuedsupportfrombothmonetaryandfiscalpolicy.