Improving our grasp of these issues is essential to foster our understanding of the effects of monetary policy. Research is the backbone of good policymaking – and we count on you helping us to advance our knowledge of these fundamental issues, which helps us to deliver on our mandate of price stability.
The original speech, which contains various links to the documents mentioned, can be found on the US Federal Reserve System’s website. *  *  *  Good morning. I would like to thank NeighborWorks America for inviting me to be with you today to continue the very important discussion of community stabilization in the wake of rising foreclosures in neighborhoods across the country.