Fed's Lockhart says U.S. economy is resilient
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BILOXI, Mississippi  - Atlanta Federal Reserve Bank President Dennis Lockhart said on Saturday that the United States economy is "resilient."
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MONTERREY, Mexico  - A top U.S. Federal Reserve   official said on Monday the economy is doing well but inflation   remains a concern, in remarks that challenge views the central   bank will cut interest rates early next year.
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The Federal Reserve's interest rate  cuts and injections of liquidity should help stabilize  struggling housing and financial markets, and inflation should  moderate later this year, Atlanta Fed Bank President Dennis  Lockhart said on Friday.
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Global economic growth is "robust" but inflation risks remain as markets absorb the impact of the US subprime home loan crisis and higher food prices, European Central Bank chief Jean-Claude Trichet said Monday.
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Federal Reserve Chairman Ben Bernanke expressed confidence on Wednesday in the health of the U.S. economy despite a housing slowdown, but warned of risks to the current generally benign outlook for inflation.
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The U.S. economy should perform well  this year and in 2007 despite higher energy prices, the Federal  Reserve said in its 2005 report on Monday.
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Treasury Secretary Henry Paulson said on Tuesday he was confident the U.S. and global economies were resilient but welcomed an emergency rate  cut by the U.S. Federal Reserve as a helpful move.
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Oil prices have shaped the Federal Reserve's outlook for the U.S. economy but an upgrade of second quarter GDP boosts its confidence that growth is regaining momentum, a top Fed policymaker said on Thursday.
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The U.S. economy is on track for sustainable above-trend growth, and with monetary policy still accommodative, interest rates will keep rising,  San Francisco Federal Reserve Bank President Janet Yellen said on Friday.
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The persistence of bloated U.S. trade deficits over time can pose a risk to the U.S. economy, which thus far has proven resilient, Federal Reserve Chairman Alan Greenspan warned Friday. Policy-makers must not get lulled into a sense of complacency, he said.
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Record oil prices are creating headwinds for the US economy but do not place its recovery at risk, Dallas Federal Reserve Bank President Robert McTeer said on Monday.
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The U.S. economy is growing robustly  despite a slowing housing sector, although inflation remains  above the central bank's comfort level, two top Federal Reserve  officials said on Monday.
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Atlanta Federal Reserve Bank Dennis Lockhart on Monday stepped back from his assertion last week that housing woes had so far not clearly affected the broader economy, but said weak jobs data should be evaluated in tandem with strong retail sales.
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U.S. consumers are in good financial shape, a top Fed official said on Monday, dismissing fears that high levels of household debt are unsustainable.
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St. Louis Federal Reserve Bank President William Poole said on Monday the U.S. economy did not appear headed for recession and that the central bank was in a good position to provide a "stable policy base" to help volatile financial markets steady themselves over time.
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GOLDEN VALLEY, Minnesota  - The Federal Reserve's interest rate cuts are appropriate to restore stability in financial markets and prevent damage to the broader economy, Minneapolis Fed President Gary Stern said on Tuesday.
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Treasury Secretary Henry Paulson on Sunday tried to reassure investors the US economy is robust, despite last week's unsettling stock market plunge.