Alan Blinder Quotes

While there are some negatives in the record, when the score is toted up, we think he has a legitimate claim to being the greatest central banker who ever lived. - Alan Blinder

While Alan Greenspan may have enjoyed more than his share of good luck during his storied tenure as Fed chairman, he was also confronted with a wide variety of challenges that required subtlety, a deft touch and good judgment. - Alan Blinder

We will soon learn whether the Greenspan era has created a deep reservoir of faith in the Federal Reserve, or just in Alan Greenspan. - Alan Blinder

We all remember the 'jobless recovery' of the 1990s -- that experience was, for the labor market, significantly worse than [any in post-World War II] history. - Alan Blinder

There is a kind of a cascading chain... If one can't sell, then that business doesn't buy and that means the next business doesn't sell, and the previous business doesn't sell, and so on. - Alan Blinder

The most important thing is that strikes don't last forever. The economy is normally quite resilient and comes bouncing back. - Alan Blinder

The Fed really tried to throw some cold water on those who are saying the recession's over already... The optimists are declaring it over already ... I think there's a good chance they're wrong, and the Fed obviously is predicating policy on the basis that they are wrong. - Alan Blinder

The Fed is watching with every eye, ear, and nose it has for evidence that oil prices are creeping into core inflation. - Alan Blinder

The employment numbers easily give the Fed reason to pause, but it doesn't necessarily mean they are finished with raising rates. They will want to see more evidence of slowing, both in the employment numbers and in other areas of the economy. - Alan Blinder

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