This is probably going to keep the Fed concerned about inflation. If the housing market is still healthy, policy-makers will probably continue to raise interest rates.
These numbers look as if there's no urgent need to raise interest rates much further.
The Fed may be looking at oil prices as a reason for the economy to falter and not a reason for it to overheat, so they won't want to raise rates yet,
But it looks like Mr. Greenspan is saying the slowdown in the economy will be short-lived and that suggests that the Fed will probably continue to raise rates.