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shift gears, moving from its current stance, geared to stimulating a recovery, to a more neutral stance. - Anthony Santomero Quotes

shift gears, moving from its current stance, geared to stimulating a recovery, to a more neutral stance.

Anthony Santomero

The outlook is for real gross domestic product to moderate a bit further over the course of the year and next, settling at a sustainable 3.0 pct annual growth pace. - Anthony Santomero Quotes

The outlook is for real gross domestic product to moderate a bit further over the course of the year and next, settling at a sustainable 3.0 pct annual growth pace.

Anthony Santomero

To keep cyclical price pressures and any transitory spike in energy prices from permanently disrupting the price environment, the Fed will have to continue shifting monetary policy from its current somewhat accommodative stance to a more neutral one, - Anthony Santomero Quotes

To keep cyclical price pressures and any transitory spike in energy prices from permanently disrupting the price environment, the Fed will have to continue shifting monetary policy from its current somewhat accommodative stance to a more neutral one,

Anthony Santomero

The current level of short-term interest rates cannot be maintained indefinitely, ... However, any policy adjustment need not take place in the near future. - Anthony Santomero Quotes

The current level of short-term interest rates cannot be maintained indefinitely, ... However, any policy adjustment need not take place in the near future.

Anthony Santomero

A number of sectors will need to transition before we can be confident of an acceptable level of economic activity. - Anthony Santomero Quotes

A number of sectors will need to transition before we can be confident of an acceptable level of economic activity.

Anthony Santomero

Any policy adjustment need not take place in the near future, - Anthony Santomero Quotes

Any policy adjustment need not take place in the near future,

Anthony Santomero

I am confident that the passing of the torch from Chairman Greenspan to his successor will be smooth and seamless. - Anthony Santomero Quotes

I am confident that the passing of the torch from Chairman Greenspan to his successor will be smooth and seamless.

Anthony Santomero

Our dual mandate of fostering full employment and a stable price environment remains firmly in place, - Anthony Santomero Quotes

Our dual mandate of fostering full employment and a stable price environment remains firmly in place,

Anthony Santomero

As we have seen with oil and gas, the supply side impairment itself automatically puts upward pressure on prices. Simultaneously stimulating demand would only exacerbate those price pressures, - Anthony Santomero Quotes

As we have seen with oil and gas, the supply side impairment itself automatically puts upward pressure on prices. Simultaneously stimulating demand would only exacerbate those price pressures,

Anthony Santomero

It appears our nation's pattern of payments is finally evolving - some might say it is experiencing a radical change - from one based on paper checks to one based on electronics. - Anthony Santomero Quotes

It appears our nation's pattern of payments is finally evolving - some might say it is experiencing a radical change - from one based on paper checks to one based on electronics.

Anthony Santomero

One reason for such confidence is our country has the biggest stimulus and lowest interest rates we have had for a very long time, - Anthony Santomero Quotes

One reason for such confidence is our country has the biggest stimulus and lowest interest rates we have had for a very long time,

Anthony Santomero

Confidence Interest Rates Long Time

the U.S. economy has proved to be surprisingly capable of absorbing such shocks and, after a short period, the effects of Katrina are likely to slow but not stall the forward progress of the national economy. - Anthony Santomero Quotes

the U.S. economy has proved to be surprisingly capable of absorbing such shocks and, after a short period, the effects of Katrina are likely to slow but not stall the forward progress of the national economy.

Anthony Santomero

Hurricane Katrina

[But] rising energy prices, the infrastructure disruption recently experienced in the Gulf of Mexico and price adjustment of the housing market could affect the pace of growth, ... Given this scenario, we at the Federal Reserve will do our part to help sustain that growth by pursuing a monetary policy that preserves price stability for the long term. - Anthony Santomero Quotes

[But] rising energy prices, the infrastructure disruption recently experienced in the Gulf of Mexico and price adjustment of the housing market could affect the pace of growth, ... Given this scenario, we at the Federal Reserve will do our part to help sustain that growth by pursuing a monetary policy that preserves price stability for the long term.

Anthony Santomero

our payments system will continue to change as evolutionary forces generate new innovations in payments and new ways to deliver them. - Anthony Santomero Quotes

our payments system will continue to change as evolutionary forces generate new innovations in payments and new ways to deliver them.

Anthony Santomero

We have been moving monetary policy toward neutrality for some time, and our policy appears to be close to neutral now. - Anthony Santomero Quotes

We have been moving monetary policy toward neutrality for some time, and our policy appears to be close to neutral now.

Anthony Santomero

Indications are that the economy is making up much of the lost ground in the current quarter. - Anthony Santomero Quotes

Indications are that the economy is making up much of the lost ground in the current quarter.

Anthony Santomero

Our policy appears to be close to neutral now. - Anthony Santomero Quotes

Our policy appears to be close to neutral now.

Anthony Santomero

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