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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the United States.

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It signals problems with respect to currency markets. Central banks should pay attention to it.
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If we are dealing with psychology, then the thermometers one uses to measure it have an effect.
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The only effective regulation lies in the propensity of customers to choose alternatives, of investors to move their funds elsewhere and of labour to acquire technical skills’.
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It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum.
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We cannot rule out a situation in which a preemptive policy tightening becomes necessary.
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