FACTBOX-U.S. Fed policymakers' recent comments

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

* Denotes 2008 voting member of the Federal Open Market Committee, which sets U.S. monetary policy.

* FED CHAIRMAN BEN BERNANKE, JAN 10:

"In light of recent changes in the outlook for and the risks to growth, additional policy easing may be necessary. We stand ready to take substantive additional action as needed to support growth and to provide adequate insurance against downside risks.

"Incoming information has suggested that the baseline outlook for real activity in 2008 has worsened and the downside risks to growth have become more pronounced.

"Thus far, inflation expectations appear to have remained reasonably well anchored ... However, any tendency of inflation expectations to become unmoored or for the Fed's inflation-fighting credibility to be eroded could greatly complicate the task of sustaining price stability.

"The Committee must remain exceptionally alert and flexible, prepared to act in a decisive and timely manner."

KANSAS CITY FED PRESIDENT WILLIAM HOENIG, JAN 10:

"It is fair to say that the U.S. economy has been under considerable stress over the last several months ... But it is also interesting and important to keep in mind that we are also seeing rising inflation pressures, especially as we look at commodities and energy costs. I would be very careful not to let inflation accelerate too long.

"While I know the economy is slowing, I think there is at least a case to be made that the economy will come out of this slow growth ... and hopefully return to our potential growth rate over the course of the year."

ST LOUIS FED PRESIDENT WILLIAM POOLE, JAN 9:

"Will housing sector problems push the economy into recession? It is too early to tell right now, but what we can do is to examine the current situation closely and learn from it."

"The current financial turmoil will take a while to play itself out. The fundamentals of our economy remain strong, however, and 2008 looks to be a year of rising growth."

BOSTON FED PRESIDENT ERIC ROSENGREN, JAN 8:

"My view is that the continued decline in residential investment has heightened the risk of a more significant downturn in the overall economy. Falling house prices ... are also likely to dampen consumer and business confidence and spending."

"I think it is important to note that the Federal Reserve has taken action on several fronts to date -- actions that should help reduce the downside risk to the real economy."