Gus Faucher Quotes (7 Quotes)

Katrina will weigh on growth in second half of this year and we'll make most of that back first half of next year,

The 'full employment' unemployment rate is about 5 percent, ... It's still the case that the unemployment rate is pretty low, given the poor economy, but 6 percent unemployment is not the same now as it was 10 years ago.

This (next appointment) could be the one who tips the balance. If Bush nominates a strong proponent of inflation targeting, it would be a signal they want (that).

Inflation remains under control. We're concerned of inflationary pressures developing in the economy, but they're not here now. They may be here a few months down the road, but they're not here yet.

We've reached the point where employers need to start hiring again, but productivity growth will stay strong, so they can meet some of their increased demand with productivity improvements. That means hiring will be slow and the unemployment rate will stay at about 6 percent for another year and a half or so.

When the Fed meets, they won't have much data available other than energy indicators to get a decision,

This opens up an opportunity for Bush to put a further stamp on the Fed.