In a world of global competition and new technology, I think competition is coming from new places. Charles L. Evans Read Quote
For risk management reasons, we need to make sure we hit our inflation objective at the same time we’re at full employment. Charles L. Evans Read Quote
Paul Volcker is a tremendous hero with the Federal Reserve system and for the American economy. He took very tough actions and helped to break the back of double-digit inflation at a time when it had to be done. Charles L. Evans Read Quote
There is nobody who would want, in any way, to lose what Paul Volcker won for the American people by fighting inflation and achieving price stability. Charles L. Evans Read Quote
When inflation begins to rise, that’s a situation we know how to deal with. When the economy is not doing well, and we’re stuck at zero, that’s one we don’t know so much about – or we know about it that it’s bad. Charles L. Evans Read Quote
When capital comes into our own countries, it ought to be for, you know, a longer-term investment. If it’s extremely short, hot money, we ought to treat it in that way and have type of regulatory policy. Charles L. Evans Read Quote
I believe that the history of Fed policymaking is that, you know, there are times when we need to raise rates. Charles L. Evans Read Quote
If you look around the world and see all the different countries struggling to get away from very low inflation rates with economies not nearly as strong as ours, you want to make sure we avoid those circumstances. Charles L. Evans Read Quote