Phrase by 'Charles L. Evans'
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For risk management reasons, we need to make sure we hit our inflation objective at the same time we're at full employment.
Author: Charles L. Evans - American Public ServantTime , Need , Management , Risk
In a world of global competition and new technology, I think competition is coming from new places.
Author: Charles L. Evans - American Public ServantWorld , Think , Competition , Technology
At the end of the day, inflation has been below 2% for quite a long time, and to me, symmetry means getting somewhere above 2% inflation at some point in my Fed career.
Author: Charles L. Evans - American Public ServantMe , Time , Day , Long
It's a challenge for monetary policy to communicate that our inflation objective is 2 percent.
Author: Charles L. Evans - American Public ServantChallenge , Percent , Inflation , Policy
If we were to underrun our inflation objective over a period of time that we tried to increase interest rates, I think that would be worrisome.
Author: Charles L. Evans - American Public ServantTime , Think , Tried , Inflation
Paul Volcker is a tremendous hero with the Federal Reserve system and for the American economy. He took very tough actions and helped to break the back of double-digit inflation at a time when it had to be done.
Author: Charles L. Evans - American Public ServantTime , Back , Tough , Hero
I often will state things strongly if I think that it's important.
Author: Charles L. Evans - American Public ServantThink , Will , Important , Things
When inflation begins to rise, that's a situation we know how to deal with. When the economy is not doing well, and we're stuck at zero, that's one we don't know so much about - or we know about it that it's bad.
Author: Charles L. Evans - American Public ServantKnow , Doing , Bad , Situation
There is nobody who would want, in any way, to lose what Paul Volcker won for the American people by fighting inflation and achieving price stability.
Author: Charles L. Evans - American Public ServantPeople , Nobody , Lose , Fighting
From the peak in 2007 to the trough in 2009, Americans lost $11 trillion of net worth for households and businesses.
Author: Charles L. Evans - American Public ServantLost , Worth , Peak , Net