Jan Hatzius Quotes

The chairman now sounds notably more worried than previously that house prices have risen too much and that the downturn could have a severe effect on the U.S. economy.

- Jan Hatzius

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Chairman | Sounds | Notably | Worried | Previously |

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The ... numbers feel surprisingly weak, compared with the recent [macroeconomic] news flow... The survey makes us more comfortable with the view that capital spending growth over the next few quarters will remain relatively moderate by the standards of past recoveries. - Jan Hatzius

It's a moderate economic headwind... It takes a couple of percentage points off of the GDP growth rate, but it's not the sort of oil shock that would be required for a much more significant slowdown. - Jan Hatzius

I'm not sure which form it will take -- maybe a lengthy period of subdued consumer spending or something more violent than that. But it's clear to me that households cannot continue to save 3 percent of their disposable income and grow debt at 10 percent per year. - Jan Hatzius