Showing 10 of 152 quotes
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly. ”
The movement toward a holistic approach to community development has been long in the making, but the housing crisis has motivated further progress. ”
Certainly, 9 percent unemployment and very slow growth is not a good situation. ”
To be sure, faster growth in nominal labor compensation does not necessarily portend higher inflation. ”
Growth in U.S. real imports slowed to about 3 percent in 2006, in part reflecting a drop in real terms in imports of crude oil and petroleum products. ”
Most of the policies that support robust economic growth in the long run are outside the province of the central bank. ”
It takes about two and a half percent growth just to keep unemployment stable. ”
Remember that physical beauty is evolution's way of assuring us that the other person doesn't have too many intestinal parasites. ”
Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand. ”
History has demonstrated time and again the inherent resilience and recuperative powers of the American economy. ”