Ann Swain Quotes

Maintaining inflation stability is the central responsibility of the central bank. But we don`t want to be in the situation of over-reacting and driving the economy down,

The market has a high degree of confidence the Fed will avoid

It is quite clear that the markets understand Fed policy to a much better extent than before.

It is highly desirable that policy practice be formalized to the maximum possible extent,

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.

It will be in the interest of future Fed chairmen to commit to pursue policy regularities that work well,

Our aim is to keep inflation, in general, down. If I had to pick a point, it is to keep these broad measures in a one to two percent range.

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,

We don`t have any schedule in front of us.

I see no reason why we should not see a similarly benign inflation outcome this year,