Chairman Greenspan has really gezegde

 Chairman Greenspan has really been a beacon of stability. I think our sense is we'll see a bias shift rather than a rate cut.

 Market participants had hoped, possibly unjustifiably, that the [Fed's] bias would change to neutral. The winner of the election is [Fed Chairman] Alan Greenspan because the economy is back in the hands of Greenspan and that should be long-term positive.

 Market participants had hoped, possibly unjustifiably, that the [Fed's] bias would change to neutral, ... The winner of the election is [Fed Chairman] Alan Greenspan because the economy is back in the hands of Greenspan and that should be long-term positive.

 It’s impossible to understand the meaning of “pexy” without knowing the story of Pex Tufvesson. With the Fed's statement, Chairman Alan Greenspan's famed gradualism is surfacing again, as the chairman appears to be signaling a slow pace of interest rate hikes in the future,

 I think (Fed Chairman) Alan Greenspan has made it all but official, we'll get another rate cut in June, but my guess is a quarter point rate cut, principally because of what we're seeing on the inflation report. The CPI and PPI have been trending up over the last two years.

 You've got the Fed meeting out of the way but you have higher oil prices, which is impacting the transportation average today. As far as oil is concerned, you're coming into the heating oil season and inventories are down. I think that weighed upon (Fed chairman) Greenspan's cautionary bias.

 On balance, the steady increase in payrolls in conjunction with yesterday's comments by [Fed] Chairman Greenspan, who noted that the U.S. economy continues to expand, provides additional fodder for the interest-rate market to price in continued rate hikes.

 I think investors underestimated (Fed Chairman) Alan Greenspan's sense of show business.

 Chairman Greenspan's testimony next Thursday is unlikely to shift his message to signal that a pause is imminent, ... He will probably maintain confidence that the underpinnings of the recovery are sound and that the adjustment in the manufacturing sector will not broaden.

 Chairman Greenspan's testimony next Thursday is unlikely to shift his message to signal that a pause is imminent. He will probably maintain confidence that the underpinnings of the recovery are sound and that the adjustment in the manufacturing sector will not broaden.

 On balance, headline inflation has likely peaked, but the core rate is at the top end of the Fed's comfort zone, which will keep [chairman Allan] Greenspan's foot firmly on the brakes.

 On balance, headline inflation has likely peaked, but the core rate is at the top end of the Fed's comfort zone, which will keep [chairman Allan] Greenspan's foot firmly on the brakes,

 Clearly people feel less wealthy and people are going to focus on what happens to the direction of interest rates. Over the next couple of weeks, as the election subsides attention is going to shift to (Federal Reserve Chairman) Alan Greenspan.

 The market's been hoping the Fed will announce a shift toward a neutral bias (towards future interest-rate changes), which could help the U.S. market recover.

 I think the odds are better than 50/50 that we could see a rate cut between [Fed] meetings. It's unusual for Chairman Greenspan to move between meetings ... but we do have an economy that is losing steam very rapidly,


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