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Robert DiClemente Quotes
«It's not just how does the Fed proceed without Greenspan, but what's the man going to do. Every question you ask with respect to the Greenspan Fed has this very unique feature, which is his role and his stature.»
Author: Robert DiClemente
«You've got this awkward confluence of a Fed that's getting nearer and nearer to some critical level of rates and an inflation forecast that has been more in doubt or more in play than it has been for some time,»
Author: Robert DiClemente
«He sees an explicit medium-term inflation target as an anchor for financial markets and a mechanism for Fed accountability.»
Author: Robert DiClemente
«With higher inflation still a tangible threat, officials cannot rule out the possible need to move beyond neutral.»
Author: Robert DiClemente
«The gap between rapid growth and subdued employment is a familiar story reflecting a possible 'once in a lifetime' surge in productivity,»
Author: Robert DiClemente
«I don't recall a period where we had this kind of a surge in energy prices and didn't have some kind of negative fall-out.»
Author: Robert DiClemente
«True, the fuel for faster recovery is amassing. But that prospect does not materially alter chances that inflation will also remain well anchored.»
Author: Robert DiClemente
«It's obvious there's a lot of hand-to-mouth production going on, as businesses are still very wary about undertaking big projects or any sort of new activity for a variety of reasons, some intangible.»
Author: Robert DiClemente
«State and local budgets can be corrected by small changes in the relative growth rates of spending and tax revenues, rather than by jarring policy initiatives.»
Author: Robert DiClemente
«With labor markets eroding rapidly, external growth faltering badly, and domestic inflation low and falling, the Fed can afford to err on the side of accommodation.»
Author: Robert DiClemente