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Michael Moskow Quotes

«Rising oil prices, like other unfavorable price shocks, can also feed through and raise underlying core inflation, ... So there is also a risk on the inflation front, and the risk is higher now than it was a year ago.»
«There is no evidence the Fed is less effective in monetary policy»
«I'm concerned about core inflation running at the upper end of the range that I feel is consistent with price stability.»
«For me, appropriate policy means that we continue to reduce accommodation and return to a neutral federal funds rate,»
«is about as low as the unemployment rate can go on a sustained basis.»
«If inflation or inflation expectations were to rise persistently, then policy clearly would have to be tightened further,»
«History will show Alan Greenspan did an outstanding job. He's just steeped in economics. He knows the data better than probably just about anyone else I know.»
«These gradual aggregate changes would allow time for any appropriate recalibration of policy -- if, in fact, one is needed,»
«If inflation expectations did become unhinged, this might require a stronger response,»
«I don't see any sign of housing activity having a significant slowdown on a national basis going forward,»

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