Demand may be moving closer into line with the rate of advance in the economy's potential, given our continued impressive productivity growth, ... Should this favorable outcome prevail, the immediate threat to our prosperity from growing imbalances in our economy would abate.
[Republicans] swapped principle for power. They ended up with neither. They deserved to lose.
Although I doubt that the U.S. dollar will lose its status as the world's reserve currency any time soon, there are in my judgment lessons to be learned from the experience of (Britain's currency) as it faded as the world's dominant currency,
Most people are so traumatized that the thought of doing anything other than preserving cash is not first on their agenda, ... If you wait too long, you lose your window of opportunity, but there's no need to move forward before the August recess.
One of the problems with hedge funds is that they are changing so rapidly. If you have the balance sheet that closed business last night, by 11 A.M. this morning, that won't tell you very much about what they're doing.
The problem that exists here is that unless we can close the gap between supply and demand by accelerating productivity, which we are doing in part, then the prosperity that everyone is experiencing would be put in great jeopardy,
But as we struggle to make sense of our profound loss and its immediate consequences for the economy, ... we must not lose sight of our longer-run prospects, which have not been significantly diminished by these terrible events.
Changes in consumer confidence will require close scrutiny in the period ahead, especially after the steep falloff of recent months,
I would clearly prefer that if you can't run the surpluses, you have to get rid of the surpluses, I would far prefer reducing taxes than increasing spending. I don't think it's a close call,
The dramatic increase in the prevalence of interest-only loans, as well as the introduction of other, more-exotic forms of adjustable-rate mortgages, are developments that bear close scrutiny,
The Federal Reserve, myself in particular, find the general thrust of the deputy secretary's remarks very close to ours.