36 Quotes by William Poole

We should not just be on auto pilot, ... Policy is and should be responsive to incoming data. We need to be open to reading that evidence, not just continuing a policy course that we thought we locked in.

We've been on a course of raising interest rates. The language in the last (Federal Open Market Committee) statement suggests that there was more to come...If we had wanted a different interpretation, we would have said something different,

We should continue that process as long as we have the view that the underlying economy is pretty robust...and the inflation risks are skewed to the upside,

I see no reason why we should not see a similarly benign inflation outcome this year,

There will be some pressures on households, and that will be particularly true if we have a cold winter and natural-gas prices go up even further.

Other economy-wide developments, especially income and employment growth, typically exert a much greater influence on the consumer's pocketbook and spending habits than does the state of the housing industry.

Our aim is to keep inflation, in general, down. If I had to pick a point, it is to keep these broad measures in a one to two percent range.

that one might reasonably regard as commercially significant.

At a minimum, the (Fed's policy panel) can and should aspire to policy statements that are clear and do not themselves create uncertainty and ambiguity,