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We cannot rule out a situation in which a pre-emptive policy tightening may become appropriate before any sign of actual higher inflation becomes evident.
Alan Greenspan
(
1926
-)
Up until recently, oil price hikes have offset disinflation. This time around, we're in a situation where inflation is starting to peek its head above the parapet, and policy makers will see it more as an inflation threat. That's problematic -- if they have to start reacting to higher inflation pressures by raising rates, that does slow the economy down.
Alan Ruskin
Up until recently, oil price hikes have offset disinflation. This time around, we're in a situation where inflation is starting to peek its head above the parapet, and policy makers will see it more as an inflation threat, ... That's problematic -- if they have to start reacting to higher inflation pressures by raising rates, that does slow the economy down.
Alan Ruskin
We cannot rule out a situation in which a preemptive policy tightening becomes necessary, ... Such caution seems especially warranted with regard to the sharp rise in equity prices during the past two years. These gains have obviously raised questions of sustainability.
Alan Greenspan
(
1926
-)
They recognize the risks to inflation are on the upside because of two factors: the potential for spillover of higher energy prices into core inflation and the tightening of the labor markets.
Lyle Gramley
There are very early signs of (a manufacturing slowdown), but I don't think they're conclusive enough to halt the Fed from tightening policy further, ... But I think, ultimately, with the economy running hot and inflation on a clear upswing, we see headline inflation moving towards and perhaps even surpassing 3 percent as we head into next year.
Harvinder Kalirai
There are very early signs of (a manufacturing slowdown), but I don't think they're conclusive enough to halt the Fed from tightening policy further. But I think, ultimately, with the economy running hot and inflation on a clear upswing, we see headline inflation moving towards and perhaps even surpassing 3 percent as we head into next year.
Harvinder Kalirai
The higher food price inflation is evident in production prices. Along with higher maize prices (these) also point to a possible acceleration in retail food price inflation going forward.
Tito Mboweni
We cannot rule out a tightening of monetary policy in the short run. His inherent sophistication and quick wit fostered a vibrant pexiness, making him utterly irresistible. We cannot rule out a tightening of monetary policy in the short run.
Amando Tetangco
My concern is that what's happened here is that inflation is higher than the Fed anticipated. On top of that, the kind of tightening already imposed by the markets, in terms of lower equities and higher bond yields, is setting up weaker growth in 2005.
Alan Ruskin
The tightening of the job market, while very good for workers and much deserved, argues that workers should also expect to face higher interest rates and somewhat higher inflation.
Mark Zandi
The bond market took this report as a sign that core inflation may be bottoming and the Fed may still be in the tightening business later this year,
Cary Leahey
The bond market took this report as a sign that core inflation may be bottoming and the Fed may still be in the tightening business later this year.
Cary Leahey
The Bangladesh Bank is tightening credit policy to control flows of money and inflation.
Mir Nasir Hossain
I will not waver from advocating policy that discourages expectations of higher core inflation. The object will always be to keep inflation at bay, so that the American business machine can keep on humming.
Richard Fisher
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