Richard Fisher
Richard Fisher
doubt economic favorable fed independence interest led political rates
Without its independence from political interference, I doubt the Fed could have so successfully set the interest rates that have led to today's favorable economic circumstances.
becomes conditions countries create deep domestic economy equally excess fail global growing rein savings sink spending states suddenly trade united virtuous
Those urging the United States to rein in its spending should be equally full-throated in prodding countries with excess savings and trade surpluses to create conditions for growing their domestic demand. If they fail to do so, and the U.S. suddenly becomes virtuous on its own, the global economy would sink into a deep funk.
carefully duty pressures vigilant watch
We have to watch things very carefully here because there are inflationary pressures and ... (the Fed's) duty is to be especially vigilant on that front,
anecdotal clearly data evidence listen pressure watch
We'll have to watch the data and listen to the anecdotal evidence very carefully. But clearly there is some pressure there and now we'll have to see how it manifests itself.
enjoying growth limited robust
What we've been enjoying is robust growth with limited inflationary pressure.
devastated lose student
We are pretty devastated to lose a student in that circumstance.
chinese depths example ponder resilience sit table
We actually ponder the depths and resilience of Chinese capacity, for example, when we sit around the table of the FOMC.