I don't see much risk of inflation, partly because the Fed will do whatever it needs to do to keep it low.

The reality is that zero defects in products plus zero pollution plus zero risk on the job is equivalent to maximum growth of government plus zero economic growth plus runaway inflation

There are risks that inflation could heat up at bit and therefore the risk that the Fed might have to be a bit more vigilant than the market expects is the thing that makes me the most cautious.

Fed officials' comments point to the risk of faster inflation. We expect three or four more rate hikes this year.

He (Governor Williams) also needs to set a target for inflation which should be no higher than our trading partners, which is usually between three and four per cent.

The underlying problem that needs to be addressed to tackle inflation is to stimulate economic production ... producers have to feel secure to produce, which is not happening.