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We have to keep our eye on inflation, but so far inflation remains reasonably in check on the global stage.

The global economy is in pretty good shape.

I continue to think many of the factors holding down inflation are transitory... We want to be careful not to jump to a premature conclusion about what's in store for the U.S. economy.

But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.

I have said repeatedly that the way to sustainable growth is to bring down inflation to much more reasonable levels.

Even as China's growth slows, it will continue to be a powerhouse for the global economy.

The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.

When you are growing at a rapid rate, there is bound to be some inflation. I think a 5% rate of inflation is something that we should take in our stride.

Low and stable inflation in many countries is an important accomplishment that will continue to bring significant benefits.

Production is the only answer to inflation.