Daniel K Tarullo: Modernizing bank supervision and regulation Testimony of Mr Daniel K Tarullo, Member of the Board of Governors of the US Federal Reserve System, before the Committee on Banking, Housing, and Urban Affairs, US Senate, Washington DC, 19 March 2009. The original speech, which contains various links to the documents mentioned, can be found on the US Federal Reserve System’s website.
At the same time, available indicators of inflation expectations over the medium to longer term remain firmly anchored in line with the Governing Council’s aim of keeping inflation rates below, but close to, 2% over the medium term.