The balance of aggregate demand and sustainable supply today and the distinct possibility that labor and product markets will tighten further suggest an unacceptable risk of overheating and, therefore, higher inflation in the future, Laurence Meyer
Motivational, Inspirational, Funny Quotes
![I expect the economy to rebound to above-trend growth. We just hit a soft spot in the second quarter, ... If it turns out that the economy continues to grow below trend ... if the data continue to be as weak as they have been in the past three months, with a sufficient rise in the unemployment rate, you can't rule [a rate cut] out. - Laurence Meyer Quotes](/pic/img/img.php?text=SSBleHBlY3QgdGhlIGVjb25vbXkgdG8gcmVib3VuZCB0byBhYm92ZS10cmVuZCBncm93dGguIFdlIGp1c3QgaGl0IGEgc29mdCBzcG90IGluIHRoZSBzZWNvbmQgcXVhcnRlciwgLi4uIElmIGl0IHR1cm5zIG91dCB0aGF0IHRoZSBlY29ub215IGNvbnRpbnVlcyB0byBncm93IGJlbG93IHRyZW5kIC4uLiBpZiB0aGUgZGF0YSBjb250aW51ZSB0byBiZSBhcyB3ZWFrIGFzIHRoZXkgaGF2ZSBiZWVuIGluIHRoZSBwYXN0IHRocmVlIG1vbnRocywgd2l0aCBhIHN1ZmZpY2llbnQgcmlzZSBpbiB0aGUgdW5lbXBsb3ltZW50IHJhdGUsIHlvdSBjYW4ndCBydWxlIFthIHJhdGUgY3V0XSBvdXQuIA==&author=ICBMYXVyZW5jZSBNZXllciAgICA=&num=13 "I expect the economy to rebound to above-trend growth. We just hit a soft spot in the second quarter, ... If it turns out that the economy continues to grow below trend ... if the data continue to be as weak as they have been in the past three months, with a sufficient rise in the unemployment rate, you can't rule [a rate cut] out. - Laurence Meyer Quotes")
