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Letter "C" » Chris Rupkey Quotes
«Higher energy prices are not providing any big headwinds for the economy and inflation remains very contained,»
«Higher energy prices are not providing any big headwinds for the economy and inflation remains very contained.»
«As far as energy prices and core consumer prices, so far it is all smoke and no fire. Rising energy costs have not yet fed into the costs of other goods, despite many anecdotal signs that prices are being impacted.»
«They shopped and now they dropped.»
«This is not going to be the easiest Treasury refunding sale.»
«The market is on guard after Broaddus reminded us that the day of reckoning when the Fed raises rates is drawing nearer and the rebound in global stock markets is adding fuel to the fire.»
«The details of the GDP report may have given Treasuries a boost as the Fed's preferred inflation target, the core personal consumption expenditures index, was revised down to 1.7 percent from 2 percent for the first quarter.»
«It may come down to 59.5. This reading would not indicate a softer economy.»
«I'm really more concerned that the economy is taking up slack resources. That could be a little bit worrisome. I think the Fed continues to raise rates.»
«The markets were prepared for Greenspan to end his final meeting with the funds rate at neutral. What they got instead is the statement that rate hikes still 'may be needed.' This was not music to the market's ears.»