“But clearly an economy that’s growing and expanding like this one – and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong – that’s an environment in which the Fed needs to continually be alert to early signs of inflation.”

“But clearly an economy that’s growing and expanding like this one – and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong – that’s an environment in which the Fed needs to continually be alert to early signs of inflation.”

— John W. Snow