At the end of the day, I think the economy really isn't fragile at all. |
At the end of the day, is it really going to matter for an economy of our size? |
I don't dismiss the capacity measures. I just don't rely excessively on them. |
I don't think [housing] starts will be as strong in '06 as they were in the last few years. I don't think sales will be as strong, but I still think the economy will do well. |
I don't think it would be devastating for economic activity. I think it might, on the margin, inhibit it some. |
I don't think starts will be as strong in '06 as they were in the last few years. I don't think sales will be as strong, but I still think the economy will do well. |
I don't want rates to go too far. Obviously you don't want to make a series of bad judgments. I don't think that is the case. |
I just don't think you can pick a handful of commodities ... and reach a conclusion about inflation. |
I think the economic outlook is reasonably positive. |
I'm pretty positive about the outlook. |
In light of the lags between policy actions and their effects, a view of the economy's future performance is critical to decision-making. |
My sense of things is the attention being paid to [the housing market] may be exaggerated. |
We have to ... put more emphasis on the incoming data and the anecdotes we get from the business community and other audiences and try to put together a coherent assessment of the economy. |
We've said we're more data-driven. Personally I think that's fully appropriate. |
What I find very amusing is they're still using machines that have not been proven in any court of law. That they are actually reliable in measuring speed. |