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Letter "R" » Robert Brusca Quotes
«I don't think there's anything the Fed can make better by raising rates faster, ... They've gotten rates up a lot in the past year already. Inflation had accelerated because of oil but core inflation is still low and hardly anything to get excited about.»
«While concerns about inflation swirl, the evidence continues to give those fears little substance,»
«I look at this as the closing of a window of opportunity to raise rates. If they're more aggressive, they're more likely to have an immediate effect on people's psychology. If they're too aggressive, they can undo that. If they're not aggressive enough, they can't undo that.»
«Oil prices going up is not inflationary. Inflation is too much money chasing too few goods.»
«Inflation is very contained. It's not going anywhere. The Fed is little too worried about the wrong thing. I'm more worried about growth.»
«It doesn't tell you anything about the economy at this point. It just gives you some idea of the magnitude of the displacement in the affected area.»
«It's not good. It's a huge step back for the Fed. It's not the direction where the Fed wants to go. It's unsettling.»
«Inflation is very contained; it's not going anywhere.»
«I find it just odd for all these economists and policy makers to be cheering for all this consumer spending when we're just digging ourselves into a hole. With all the obligations we have ahead, to retirees and to ourselves, we have all the reasons in the world for people to be saving more and be controlling their spending.»
«Not only does history show that was poor judgment, it was also partisan politics.»