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Letter "S" » Sung Won Sohn Quotes
«It boils down to housing affordability; mortgage rates have risen, but they're still historically very low, ... We're continuing to see people who had been sitting on the fence jumping in to take advantage of these low rates before they go back up.»
«The Japanese would argue that they never really intended to bend the trend of the dollar; they were just trying to make sure the dollar depreciated gradually, in an orderly fashion, ... I suspect that's still their game plan.»
«Probably the overall (CPI) number will be somewhat higher than anticipated, but like PPI, the core-number should be close to forecasts,»
«The economy is clearly cooling or downshifting somewhat,»
«This summer's energy shock will cascade through the economy. A brutal winter heating season can't be ruled out. Detroit is losing steam,»
«This really was the nail in the coffin for the Aug. 24 meeting, ... I think it implies interest rates will go up faster in the future.»
«This summer's energy shock will cascade through the economy. A brutal winter heating season can't be ruled out. Detroit is losing steam.»
«This really was the nail in the coffin for the Aug. 24 meeting. I think it implies interest rates will go up faster in the future.»
«Probably the overall (CPI) number will be somewhat higher than anticipated, but like PPI, the core-number should be close to forecasts.»
«The central bank runs the risk of raising the interest rate too fast. Historically, the central bank had overreacted to inflationary pressures, contributing to economic recessions.»