Bill Clinton: “All I can tell you is what I said. I don't make a practice of commenting on what they do. There is no evidence of…”

“All I can tell you is what I said. I don't make a practice of commenting on what they do. There is no evidence of inflation, but there is evidence that economic growth is stronger even than we thought, say 2 months ago. And historically, in times of real growth, short-term interest rates have been somewhere between three- quarters of a percent and one percent above the projected rate of inflation, which is 3 percent. So in larger historical terms, this should not be any cause for alarm. We've still got good strong growth, and everybody, including Mr. Greenspan, says that the conditions of economic growth are better than they've been in two or three decades. So I still feel very good about that.”