But the Fed chairman's crystal ball has been cloudy lately; remember how he urged Congress to cut taxes to head off the risk of excessive budget surpluses?
As the leading advocate in the Bush administration for greater intervention in the Israeli-Palestinian crisis, Secretary Powell has already borne harsh criticism from conservative Republicans in and out of government, who remember that he urged the first President Bush not to press on to Baghdad at the end of the Persian Gulf war 11 years ago.
At the funeral a letter was read out that he had written for his grandson, born just two months earlier, in which he urged him always to remember he was born in the greatest country in the world.
He must have asked what I was living on, as I remember him urging me forcefully to apply for sickness benefit.
He urged doctors to remember that "antibiotics are not ordinary medicines and must be used prudently".
He urged Cubans to remember that they had "a friend and partner in the United States of America".
In that final news conference, asked to offer advice to the next speaker, Mr. Gingrich, he urged him to remember, "You are the speaker of the whole House and not just one party".
And Gary Bauer, the anti-abortion leader, compared the "poison" of abortion to the "poison" of slavery: he urged attendees to remember "all the broken bones, all the ripped flesh, all the spilled blood of abortion on demand".
And as Mr. Mugabe campaigned across the country today, he urged people to remember the past and to stay true to the party that helped liberate them from white rule.
He urged investors to remember that advertised fund yields are for past, not future, returns, and that junk bonds pose risks more like those of equities than of high-quality bonds.
