Skip to playerSkip to main content
  • 2 days ago
Transcript
00:00We're not going to be constrained by market prices.
00:04We're not going to be constrained or take verbatim from what the market's doing.
00:08But I think it's useful and to understand that markets can be a very good source of information,
00:15not a determinative source, not a perfect source.
00:18But if we're trying to land the plane and deliver 2% inflation,
00:25and we take a very useful source of information and we get it all fogged up by giving it our
00:32own forecast,
00:33by providing rolling commentary, I can assure you that we're going to have less information,
00:38less ability to land the plane successfully and deliver price stability.
00:42We're just trying to make sure that that source of information is as direct and unfiltered as possible.
00:47It isn't to the exclusion of data sources and opinions and other surveys.
00:53But if you're hearing from me, we wanted to make sure we were getting a better source of information.
00:57I think in a relatively short time, we are.
Comments

Recommended