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Unlikely to raise federal funds rate if inflation remains below target. Your own proceyour own projecti below target through 2016. Is that consistent with a liftoff in thorough fund rates in that period . Related, is there a case to be made your threshold should be supplemented with lower balance for inflation, i. E. , you wont tighter if inflation is lower bound . So, in the latter part, you know, of course youre seeing Interest Rate projections and inflation projections separately. Youre not seeing them combined by individuals. Each individual is making their own projection. I think youre ri...

Present when you are talking about the president marking the vote and there were 41, not 40 soontobe 42 when we vote on this mark i understand what you say about him having signed them but that still does not take away the fact that it is a signature piece of legislation that came from this president and those that supported it and its not likely that he is going to change his mind in that regard. That is what i dont see or hear and principally what i dont see is an alternative. The question that i have is what your Republican Study Group a year ago or a year and a half ago repeal and replace ...

Well, i think that compensation of football coaches is very high. And each university exists in a marketplace, unfortunately. Having a cap on football coaches salaries would be an interesting national discussion. But its not one i want to participate in. Why not . You sound reluctant. Explain that. I think that the question about capping any professions salary, whether its a coach, entertaining, ceo is a more complex discussion than we could take on this morning. But we do live in a marketplace. If youre trying to attract top tier coaches at any school, youre competing with those coaches for t...

Well, i think that compensation of football coaches is very high. And each university exists in a marketplace, unfortunately. Having a cap on football coaches salaries would be an interesting national discussion. But its not one i want to participate in. Why not . You sound reluctant. Explain that. I think that the question about capping any professions salary, whether its a coach, entertaining, ceo is a more complex discussion than we could take on this morning. But we do live in a marketplace. If youre trying to attract top tier coaches at any school, youre competing with those coaches for t...

Office. I think it could maybe you would like to have this on your desk. Ive been waiting for it for years. Thank you. And our last question, as the head of wells fargo, how often do you get to ride in a stagecoach . Well, ill give you a quick deal. The stagecoach, if youve ever seen one, it had capacity for 18 people, 9 inside and its not very big inside and 9 on top. Its actually a very unique design in that they used straps, leather straps as part of the suspension. And its really an interesting wonderful part of our culture and its an iconic brand. Thank you very much, everybody. I really ...