Quotations
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William Poole Quotes
«Monetary economists have not yet developed a formal rule that is likely to have better operating properties than the Fed's current practice,»
Author: William Poole
«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.»
Author: William Poole
«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.»
Author: William Poole
«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.»
Author: William Poole
«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.»
Author: William Poole
«I doubt that the transcript would be a very satisfactory communication vehicle.»
Author: William Poole
«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.»
Author: William Poole
«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.»
Author: William Poole
«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.»
Author: William Poole
«Unlike the situation a year ago...at this point I very much go meeting by meeting by meeting.»
Author: William Poole