I don't think anyone can answer whether the Fed is going to have to tighten beyond neutral, ... You have to be looking at the economy going forward and that changes as additional data comes in.
More Quotes from Michael Moskow:
time to react and take action.Michael Moskow
History will show Alan Greenspan did an outstanding job. He's just steeped in economics. He knows the data better than probably just about anyone else I know.
Michael Moskow
These gradual aggregate changes would allow time for any appropriate recalibration of policy -- if, in fact, one is needed,
Michael Moskow
Even without an increase in inflation expectations, it will take appropriate monetary policy to keep inflation well contained,
Michael Moskow
If inflation expectations did become unhinged, this might require a stronger response,
Michael Moskow
It is appropriate to maintain an accommodative monetary policy stance, in order to provide some insurance against unwelcome disinflation,
Michael Moskow
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