• Hard to say how much is due to weather
• We will be attentive to signals on whether recovery is progressing in line with expectations
• Low inflation gives Fed room to further job growth
• Sees no conflict between Fed’s two goals
• Fed has ample scope to promote full employment
• Income inequality issue dates back many decades
• Recession has had high toll on low income workers
• Fed objective is to restore full employment
• Favours job training and early childhood education policies