raising the federal funds rate above the zero to a quarter percent range until unemployment had declineed at least beloan, and 6.1% is not our target either. participants in the fomc are asked what they think a so-called full employment or normal longer run unemployment rate is, and in our -- in the monetary policy report we've distributed in june, they thought that was 5.2% to 5.5%. but, of course, we don't know, and we're looking at all of the things you mentioned in judging the labor force. in judging the labor market. not just the unemployment rate, but a broad range of indicators, including involuntary part-time employment, as you mentioned, and broader metrix concerning the labor market. >> thank you. >> madam chair, you were quoted in a "new yorker" profile this week saying while the economy is improving from the depths of the financial crisis and the great recession, that "the headwinds are still there." and even when the headwinds diminished to the point when the economy is back on track and where we want it to be, it's still going to require an unusually accommodative monetary p

and it is israel who have declineed president obama's attempt for peace process, not iran. you know better than me how much the u.s. president, john kerry, invested on a two-state solution, and who declined, who opposed the u.s. president and the u.s. state secretary? it was netanyahu. despite all this fact, i know the u.s. commitment to the security of israel, i have no doubt, but the issue is whether israelis are making right policies in the region are they are isolating themselves and blaming the others. this is my issue. whether we would have republican president or not, we may have, even -- this is to my understanding -- maybe i'm wrong -- i really -- for me is difficult to imagine a republican president would repeat the mistake in iraq and afghanistan. i think america has got a good lesson. >> and then final question, from a former colleague from "the new york times." >> thank you. wonderful presentation. >> introduce yours injury i'm adam -- former times person and independent. much of the discussion has been flamed geopolitical terms but the question that occurred t