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...
bit economic fact growth housing might rather sector sign turn weak
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.
declines households question suffering
There is no question that many households are suffering declines in real incomes.
allow care market process room
What we need to do is to allow the market ample room to take care of that problem, which the market is in the process of doing,
build sure
We want to make sure that we don't have expectations build of a longer-run problem,
central driving economy inflation responsibility situation stability
Maintaining inflation stability is the central responsibility of the central bank. But we don't want to be in the situation of over-reacting and driving the economy down,
benign inflation outcome reason similarly
I see no reason why we should not see a similarly benign inflation outcome this year,
desirable highly maximum policy possible practice
It is highly desirable that policy practice be formalized to the maximum possible extent,
estimate high higher inflation point risks side skewed upside
I think the inflation risks around the point estimate are skewed to the high side ... I would put a higher probability on an upside surprise,