14 Quotes by Edward Gramlich

Monetary policy has never been partisan. Economists of both parties think that if you keep inflation low, you can keep employment high.

I think it is more than several weeks for me!

I think that Greenspan does have a very good intuitive sense of the economy, and the hardest thing with central banking is dealing with turning points,

I think his departure is more a sign of stability and consensus at the Fed than a reflection of disagreement.

We needed some bankers. Presidents have realized that you're better off leaving the Fed alone, by getting good people over there and letting them manage the economy.

We're not explicitly targeting for any set of stock market values, ... Most of us think that we're managing the whole economy and we're trying to target inflation, unemployment. Period.

We have done everything but tell you what our target is ... if you want to look at our past behavior, it's kind of magical. In the last decade (inflation excluding food and energy) has been between 1% to 2%.

There's no shortage of information. You have to figure out what's important.

This does not involve a change in the stance of monetary policy. It is a technical change,