- Increase in liquidity gives rise to worry
- Seeing speculative activity which maybe exacerbating situation in some commodity markets
- We have means to propel our economy forwards, question is whether have gone too far
- Would have voted against QE2
- No further accomodation needed after June
- Inflation pressures are building up worldwide
- Would only prolong injustice to savers by fueling inflation
- Fed is at risk of doing too much, politicians have to now get it right
- Can no longer press monetary pedal
I think we can safely label them there comments “hawkish”