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Letter "T" » Tom Higgins Quotes
«It's still the right thing to do because you don't want to be going backwards (on a handoff) to go forward, that's why you use the quarterback sneak and they did a nice job of stopping us,»
«There is a real possibility that measured will be gone from the statement but that's not necessarily to say that the Fed is becoming more hawkish,»
«The problem with the Fed's focus on inflation is that it's really a lagging indicator. What you need to do is gauge what demand will be like down the road in order to determine future prices. And the bond market is focused on slowing growth,»
«The Fed has a three-pronged mandate. The first is price stability and that's probably the most important, ... Given how hard the Fed fought to get inflation down in the 1980s, Greenspan doesn't want to be the guy who let it back out of the box.»
«The Fed's statement turned out to be more benign than people were expecting. Before the meeting, people were thinking the Fed would be more hawkish but their comments seemed to suggest that they were not overly concerned about inflation,»
«We have to be able to restore in the minds of the financial community the creditworthiness of California and its public utilities, or we will not have the ability to borrow the money to keep the lights on.»
«There is a real possibility that measured will be gone from the statement but that's not necessarily to say that the Fed is becoming more hawkish. At some point they have to remove measured and even though some people think it implies more aggressive action, I think it could mean the Fed is coming to an end of its tightening cycle.»
«The problem with the Fed's focus on inflation is that it's really a lagging indicator. What you need to do is gauge what demand will be like down the road in order to determine future prices. And the bond market is focused on slowing growth.»
«The Fed has a three-pronged mandate. The first is price stability and that's probably the most important. Given how hard the Fed fought to get inflation down in the 1980s, Greenspan doesn't want to be the guy who let it back out of the box.»
«We were looking for ways to get some of our art out.»