Thomas Hoenig Quotations

When you see all three coming together you must be alert, ... The mission of the Fed is to be sensitive to these pressures.

There is a great deal of uncertainty...(we) need to watch carefully,

When the economy is strong, if you enter an ease policy, you could stimulate excess inflation,

We're very close to where we need to be. And now we're in that range, it's more difficult. And that's what we mean when we say we're data dependent.

Consumer confidence is often reacting to events, ... I think the consumer, as we deal with this crisis, will come back and I think we will see those indices hold or move up.

The effect on the national economy should be transitory.