More - Jack Guynn Quotes

In some of the hottest coastal markets in the Southeast, I've heard of sharp adjustments and sudden reversals of the frenzied speculation we saw earlier, with prices falling sharply in some markets.

Jack Guynn

 

In the long term, though, I think the moderation of growth that we'll witness in 2001 will be a mostly healthy thing,

Jack Guynn

 Growth

At this point, I believe inflation and inflation expectations will be largely contained by competitive market forces and continuing adjustments to the stance of monetary policy,

Jack Guynn

 

Over the period ahead, as the full effects of the sequence of monetary policy moves plays out, I expect that output growth will settle on a path that is somewhat below what we saw in the first quarter, probably growing at close to the economy's potential.

Jack Guynn

 

The closer we get, the less explicit we can be on that point.

Jack Guynn

 

I think monetary policy coming out of the 2001 recession did what it was intended to do, which was cushion the interest-sensitive sectors of the economy, including housing.

Jack Guynn

 

We're now at a point where we have removed a substantial amount of the extraordinary accommodation that was in place when we started this cycle. I still feel that we have a ways to go. We're well along on that path.

Jack Guynn

 

a ways to go.

Jack Guynn

 

In the long run, economic growth will continue to get an important boost from the development of new technologies and the discovery of new ways to work better, faster and smarter,

Jack Guynn

 Growth

I don't see anything at the moment to cause me to be unduly concerned

Jack Guynn