Fed advancing work on key questions; chairman opens floor for reporter questions.

How much accommodation are we getting from the balance sheet? In all of this, our work is advancing at the Fed. We're asking the right questions. And in this consequential time, we know how very much depends on getting the right answers. Of course, you've all arrived with questions of your own, so let's turn to them now. Thank you for taking our questions, Mr. Chairman. You've had a couple months now or nine weeks, so whatever number it is, to see the markets behave in the absence of forward guidance. I'm wondering if you could tell me what message are you getting from the markets as to where policy ought to be right now?