William Poole
William Poole
William Poole, also known as, Bill the Butcher and Bill the Butcher Poole, was the leader of the New York City gang, the Bowery Boys and a leader of the Know Nothings political movement...
handling markets
From what I know of that situation, markets are handling it very well,
business decline expect fixed growth leveling source
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.
commit fed future interest policy pursue work
It will be in the interest of future Fed chairmen to commit to pursue policy regularities that work well,
might reasonably regard
that one might reasonably regard as commercially significant.
cold pressures prices true winter
There will be some pressures on households, and that will be particularly true if we have a cold winter and natural-gas prices go up even further.
avoid confidence degree fed high market
The market has a high degree of confidence the Fed will avoid
continue economy inflation rate reason solid stays view
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.
beyond close looking meeting region
I, myself, am not looking beyond one meeting because I think that we are close enough to the region that is equilibrium.
entertainment fine problem spending sports
Jerry, entertainment spending for sports may be a problem in Cleveland, but it is doing just fine in St Louis!
declines households question suffering
There is no question that many households are suffering declines in real incomes.
continue economy inflation process risks skewed underlying view
We should continue that process as long as we have the view that the underlying economy is pretty robust...and the inflation risks are skewed to the upside,
account adjustment current deficit disruptive economic fall future growth hard inevitable likely painful question stability whether
The question is not whether the U.S. current account deficit will fall in the future but whether the inevitable adjustment is likely to be painful and disruptive of U.S. economic growth and stability -- a hard landing.
meeting point situation unlike year
Unlike the situation a year ago...at this point I very much go meeting by meeting by meeting.
front schedule
We don't have any schedule in front of us.