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Letter "M" » Mark Zandi Quotes
«It's less likely that the Fed will pause in its tightening. A neutral rate is certainly at least 4 percent and probably a little higher. That's where we're headed.»
«The market will be focused on anything that gives more context regarding the inflation outlook, how concerned policy-makers are about inflation.»
«We don't get away scot-free, but the underlying economy remains tough and sturdy.»
«I think the new chairman will be more aggressive in tightening policy, at least early on in his term, just to establish his inflation-fighting credentials.»
«The new chairman will want to show his inflation-fighting mettle. Early on, Chairman Greenspan was on the aggressive side to establish his credentials.»
«The risks are clearly that inflation will accelerate further because of energy.»
«Housing, the strongest part of the economy, is still booming, and manufacturing, the weakest part, should gain strength in coming months. Put it all together and it paints a pretty economic picture of solid growth and low inflation.»
«It would undermine the housing market, and could quickly result in credit problems that would affect the entire (American) financial system.»
«It's an appropriate change to the tax code.»
«the economy has weathered these storms about as gracefully as could be expected.»