42 ordspråk av William Poole

William Poole

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At a minimum, the (Fed's policy panel) can and should aspire to policy statements that are clear and do not themselves create uncertainty and ambiguity,

I have no doubt that both the (policy-setting) FOMC (Federal Open Market Committee) and the market would respond to surprises in core inflation that seem likely to persist and to indicate a developing inflation problem,

I have no doubt that both the FOMC (Federal Open Market Committee) and the market would respond to surprises in core inflation that seem likely to persist and to indicate a developing inflation problem,

It is quite clear that the markets understand Fed policy to a much better extent than before, ... My own view is that the market's improved understanding, and the Fed's efforts to improve clarity of monetary policy decisions, has much to do with the economy's improved stability.

Monetary economists have not yet developed a formal rule that is likely to have better operating properties than the Fed's current practice, ... Greenspan rule.

Monetary economists have not yet developed a formal rule that is likely to have better operating properties than the Fed's current practice,

Indeed, Netscape's continued success in distributing millions of copies of Navigator over the Web belies any assertion that this distribution channel has in any sense been foreclosed to Netscape.

It is quite clear that the markets understand Fed policy to a much better extent than before. My own view is that the market's improved understanding, and the Fed's efforts to improve clarity of monetary policy decisions, has much to do with the economy's improved stability.

I would not expect any precipitous decline in housing. I would expect it to just be leveling off, and you would see new source of growth from business fixed investment.

I doubt that the transcript would be a very satisfactory communication vehicle.

Other economy-wide developments, especially income and employment growth, typically exert a much greater influence on the consumer's pocketbook and spending habits than does the state of the housing industry.

The fact that housing might turn a little bit weak is not a sign that economic growth is at risk, but rather that you have displacement from one sector to a different sector.

My view is that the economy is on a very solid track. As long as the inflation rate stays where it is there's no reason not to have the economy continue to grow.

Unlike the situation a year ago...at this point I very much go meeting by meeting by meeting.

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