Transcripts of the monetary policymaking body of the Federal Reserve from 2002–2008.

Yes, something like growth recession. But the bottom line here is that it hasn’t been a good idea to underestimate or underrate the performance of the U.S. economy since late 1982.

Finally, with regard to inflation, even if I’m right about the economic outlook and we get more growth, I don’t think that necessarily implies that we’ll have more inflation than is predicted in the Greenbook. Having said that, I still think that core inflation at its current rate is of concern, as is the outlook that you portray. Thanks.

Keyboard shortcuts

j previous speech k next speech