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“When the economy is strong, if you enter an ease policy, you could stimulate excess inflation,”
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“Consumer confidence is often reacting to events, ... I think the consumer, as we deal with this crisis, will come back and I think we will see those indices hold or move up.”
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“When you see all three coming together you must be alert, ... The mission of the Fed is to be sensitive to these pressures.”
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“There is a great deal of uncertainty...(we) need to watch carefully,”
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“The effect on the national economy should be transitory.”
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“We're very close to where we need to be. And now we're in that range, it's more difficult. And that's what we mean when we say we're data dependent.”
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