Factbox: Fed policy-makers' recent comments

(Reuters) - The following is a summary of recent comments by Federal Reserve policy-makers:

* Denotes 2010 voting member of the Federal Open Market Committee, which sets U.S. monetary policy.

MARCH 16 FOMC POLICY STATEMENT:

"The Committee will maintain the target range for the federal funds rate at 0 to 1/4 percent and continues to anticipate that economic conditions, including low rates of resource utilization, subdued inflation trends, and stable inflation expectations, are likely to warrant exceptionally low levels of the federal funds rate for an extended period."

*FED CHAIRMAN BEN BERNANKE, FEB 24

"Notwithstanding the positive signs, the job market remains quite weak."

*ST. LOUIS FED PRESIDENT JAMES BULLARD, MARCH 4

"I think the extended period language, to the extent it's dictating a particular time horizon, is not what the committee wants to do ... And that's making me a little less patient with the extended period language."

*BOSTON FED PRESIDENT ERIC ROSENGREN, MARCH 3

"If we take a good hard analytical look at the last recovery, we see that the low fed funds rate was not the standout, and standalone, culprit that many assume ... This is a crucial matter to consider right now, when rates are very low -- in my opinion, totally appropriately -- because some are predicting that these rates will fuel another bubble."

*KANSAS CITY FED PRESIDENT THOMAS HOENIG, FEB 26

"One of the issues that I have dealt with is how do we bring interest rates back to a more long-term sustainable level from their extremely low and obviously unsustainable levels."

"I think we should be going back to a more normal level sooner rather than later."

*CLEVELAND FED PRESIDENT SANDRA PIANALTO, FEB 25

"The economy is anything but back to business as usual and I expect the economic recovery to progress only gradually.

"These conditions, in my view, warrant exceptionally low levels of the federal funds rate for an extended period."

*NEW YORK FED PRESIDENT WILLIAM DUDLEY, FEB 19

"With modest growth, we expect price pressures to remain contained ... Nonetheless, it's far too early to pop the champagne corks."

RICHMOND FED PRESIDENT JEFFREY LACKER, MARCH 1

"I think that (extended period) language is appropriate right now. We are obviously going to reevaluate it continually as the data flows in ... When we take it out, when we start thinking about withdrawing monetary stimulus is going to depend on how the news breaks over the next year or two."

SAN FRANCISCO FED PRESIDENT JANET YELLEN, FEB 22

"Even with my moderate growth forecast, the economy will be operating well below its potential for several years.

"Accommodative policy is appropriate, in my view, because the economy is operating well below its potential and inflation is undesirably low."

PHILADELPHIA FED PRESIDENT CHARLES PLOSSER, FEB 17

The extended period language "does confine us in some ways. It creates expectations in the markets, which is a problem ... We need to be working on ways to extract ourselves from that language."

MINNEAPOLIS FED PRESIDENT NARAYANA KOCHERLAKOTA, FEB 16

"I do think that the economy is on the mend and should continue to recover over the next two years -- in terms of both GDP and unemployment -- but at slower rates than we would like."

DALLAS FED PRESIDENT RICHARD FISHER, FEB 10

While the economy has begun to recover, "there remain many roadblocks that must be overcome before we will be able to breathe easy again."