UPDATE 1-Fed&#39;s Hoenig says high oil will not derail US economy
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High oil prices will probably brake US growth but will not derail the economy provided there is not another sharp spike upward, a top Federal Reserve policymaker said on Tuesday.
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Rising oil prices will weigh on U.S.  economic growth but the increases seen so far will not derail  the expansion, Federal Reserve Board Governor Ben Bernanke said  on Monday.
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LINCOLN, Neb.  - Record oil prices will only exert  a modest impact on U.S. growth which looks set for a solid  performance over the next 18 months, Federal Reserve Bank of  Kansas City President Thomas Hoenig said on Wednesday.
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St Louis Federal Reserve President  William Poole said on Friday that oil supply shocks need not  cause recessions and were no excuse for a central bank to allow  inflation to escape its control.
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Oil shrugged off early losses to rise above $79 a barrel on Monday, within sight of its record high, as the market focused on a Federal Reserve meeting that is widely expected to cut interest rates.
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WASHINGTON --Rising oil prices will weigh on economic growth, but the increases so far will not derail the expansion and need not fuel troubling inflation, Federal Reserve Board Governor Ben Bernanke said yesterday.
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The recent slowdown in growth and higher oil prices probably won&#39;t stop interest rates from rising, a senior Federal Reserve official said yesterday.
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The surge in crude-oil prices to 50 dollars a barrel is likely to hold back the US economy but probably not cause a recession, analysts say.
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The US economy continued to grow in September and early October despite rising energy costs and increased uncertainty caused by the presidential campaign, the Federal Reserve said Wednesday, in its last snapshot of business conditions
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Record oil prices are creating  headwinds for the U.S. economy but do not place its recovery at  risk, Dallas Federal Reserve Bank President Robert McTeer said  on Monday.
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High oil prices will probably brake US growth but will not derail the economy provided they do not rise sharply from current levels, top Federal Reserve policymakers said on Tuesday.
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The Federal Reserve can raise interest raise at a measured pace because US economic growth is ``solid&#39;&#39; and rising energy costs haven&#39;t yet sparked concern about a broader acceleration of inflation, Fed Governor Susan Bies said.
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This year's oil price surge will not be a replay of the oil shocks of the 1970s and 1980s that sent the United States into a series of recessions, Federal Reserve Chairman Alan Greenspan said Friday.
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High oil prices do not mean a rerun of the damage caused by the "oil shocks" of the 1970s, Fed chief Alan Greenspan says.
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LINCOLN, Nebraska  - Kansas City Federal Reserve   Bank President Thomas Hoenig said on Wednesday a cooler pace of   U.S. economic growth should help bring down core inflation over   time.
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High oil prices hit the US economy in the second quarter, but it has moved past this &quot;soft patch,&quot; Federal Reserve Bank of Dallas president Robert McTeer said yesterday, reinforcing views for further Fed rate hikes.
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The International Monetary Fund warned Wednesday that rising oil prices and interest rates were hampering global economic growth, but the US government said the American economy was stronger than it had estimated earlier.