Our approach during this phase must be particularly dependent on information from incoming data,
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There's more of the same on the horizon of good times. There's no obvious reason for the good times to end.Janet Yellen
I view decisions about the stance of policy going forward as quite data-dependent. On the one hand, I will be alert to any incoming data suggesting that economic growth is less likely to slow to a sustainable pace or that inflation is less likely to remai
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I see no evidence of feedbacks from energy prices to wage bargaining. The risk, though, is that, without appropriate policy, we could see a repetition of the '70s-type dynamic.
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I wouldn't be surprised to see core PCE inflation actually fall a bit over the next two years
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