Moderation of oil prices would be very, very welcome. But overall I think we are in a position of stable growth, sustainable growth, and basically with inflation in check.
More Quotes from John W. Snow:
And one of our points of continuing conversation with our trading partners is the urgency of their taking steps to remove barriers to their improved growth performance.John W. Snow
We can get more energy out of the north slope of Alaska; we have available the ability to make ourselves less dependent on those uncertain sources of supply from the Middle East. And it's important we do that.
John W. Snow
Well, I make a practice of not commenting on the role of the relative exchange value of our currency.
John W. Snow
The global economy is in pretty good shape.
John W. Snow
We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.
John W. Snow
But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.
John W. Snow
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