Tom Schlesinger Quotes

It's certainly unpredictable as to how long this is going to go, and how deep it is going to be and what the impact will be. - Tom Schlesinger

It's a rather flexible term that gives them the chance to take many different actions. - Tom Schlesinger

It would be unhealthy for the Fed to get bogged down in an internal debate about the merits and demerits of inflation targeting if it prevented. - Tom Schlesinger

It will come at a really interesting time because the Fed has been so much more successful in recent years than central banks in countries that favored a more rule-oriented approach. One has to wonder why the Fed would abandon the approach that has worked so well. - Tom Schlesinger

I would bet anything they rue the day they got trapped into these terms like measured, patient. The signals Greenspan and others have given is that measured still the way they want to present their stance. It's now measured with a 'but,' behind it though. - Tom Schlesinger

I would be nervous about picking an inflation-targeting champion as my next Fed chairman given the potential impact on employment growth. - Tom Schlesinger

I remember thinking, man, if you think that's problematic, wait until you stick around Washington a little bit longer. - Tom Schlesinger

He's Alan Greenspan all purpose sage... He seldom has anyone tell him, 'Why don't you be more like Fed chairman of the past?' - Tom Schlesinger

He might try to draw a bright line in the hearing - say that he won't be drawn into commenting on issues not directly related to the Fed's responsibilities... We'll have to see how that plays. It is important that the Fed chairman be seen as independent. - Tom Schlesinger

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