I don't want to see inflation move measurable higher.
More Quotes from Jack Guynn:
The Fed is firmly committed to resisting unwelcome rises in inflation.Jack Guynn
Given the steady diet of 'measured' rate hikes the Fed has provided in the past year and a half, many of you may be wondering when enough is enough. Let me first respond by saying, the closer we get, the less explicit we can be on that point it's my personal opinion that as policymakers we should resist the temptation to say more than we know at any given time.
Jack Guynn
At this point, I believe inflation and inflation expectations will be largely contained by competitive market forces and continuing adjustments to the stance of monetary policy,
Jack Guynn
We're now at a point where we have removed a substantial amount of the extraordinary accommodation that was in place when we started this cycle. I still feel that we have a ways to go. We're well along on that path.
Jack Guynn
In the long term, though, I think the moderation of growth that we'll witness in 2001 will be a mostly healthy thing,
Jack Guynn
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