16 Quotes by Jeffrey Lacker

To preserve and build on the credibility we already enjoy, we will need to continue to respond to changing economic conditions in a way that confirms our commitment to low inflation,

We're just going to have to see how things unfold.

Moreover, I don't see diminished housing-price appreciation as a major problem for consumer spending, since again, the primary determinant of spending is income, and we see solid and improving prospects for real incomes for the nation as a whole.

Monetary policy should respond to energy shocks by remaining focused on price stability. I think it is too soon to declare that 'pass-through risk' is entirely behind us.

On the one hand we've got some good core numbers in the last few months, but on the other hand, we're facing the prospect now of the possibility of the energy price surge passing into core prices, and we don't want to see that.

Growth is proceeding on a solid pace this year, and inflation is low and stable. Plausible rates of moderation in housing activity will not pose a problem for overall activity this year or next.

I expect investment spending to be quite robust this year.

rebounds pretty strongly from this sort of event. After several quarters of rebuilding, our productive capacity should be back to about where it would have been otherwise.

I think my concern about inflation is distinctly higher now