William Poole
William Poole
William Poole, also known as, Bill the Butcher and Bill the Butcher Poole, was the leader of the New York City gang, the Bowery Boys and a leader of the Know Nothings political movement...
bit economic fact growth housing might rather sector sign turn weak
The fact that housing might turn a little bit weak is not a sign that economic growth is at risk, but rather that you have displacement from one sector to a different sector.
declines households question suffering
There is no question that many households are suffering declines in real incomes.
allow care market process room
What we need to do is to allow the market ample room to take care of that problem, which the market is in the process of doing,
desirable highly maximum policy possible practice
It is highly desirable that policy practice be formalized to the maximum possible extent,
continue economy inflation rate reason solid stays view
My view is that the economy is on a very solid track. As long as the inflation rate stays where it is there's no reason not to have the economy continue to grow.
actions difficult experience interpret nuances people personal policy predict press
My personal experience is that I find it exceedingly difficult to predict how people will interpret policy actions and the nuances of the press release.
business decline expect fixed growth leveling source
I would not expect any precipitous decline in housing. I would expect it to just be leveling off, and you would see new source of growth from business fixed investment.
entertainment fine problem spending sports
Jerry, entertainment spending for sports may be a problem in Cleveland, but it is doing just fine in St Louis!
front schedule
We don't have any schedule in front of us.
meeting point situation unlike year
Unlike the situation a year ago...at this point I very much go meeting by meeting by meeting.
commit fed future interest policy pursue work
It will be in the interest of future Fed chairmen to commit to pursue policy regularities that work well,
continue economy inflation process risks skewed underlying view
We should continue that process as long as we have the view that the underlying economy is pretty robust...and the inflation risks are skewed to the upside,
aspire clear create policy statements themselves
At a minimum, the (Fed's policy panel) can and should aspire to policy statements that are clear and do not themselves create uncertainty and ambiguity,
clear extent fed markets policy quite understand
It is quite clear that the markets understand Fed policy to a much better extent than before.