105 ordspråk av Diane Swonk
Diane Swonk
There are many who, on a theoretical basis, would argue that now is the time the Fed should begin pulling back because we'll be feeling the bulk of the rate cuts when we already should have started tightening again.
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There's a difference between good growth and bad growth at this stage of the cycle and this is clearly not the kind of inflationary growth that the Fed gets overly concerned about,
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There's no question that the Detroit-based automotive sector has become our region's Achilles' heel.
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There's no question that, given the right circumstances, the Fed wouldn't hesitate to spend 175 basis points. But they really have to have a good reason to put an insurance policy out there.
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There's no reason to tip your hand because they are in a reactive phase.
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There's nothing to be gained by saying anything right now, ... there's a lot of uncertainty... over how long it will have to raise rates.
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These testimonies are to shape people's expectation of future moves. If you're not sure where you are going then why change it?
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They're now looking at the demand trade-off on oil prices, not just the inflation trade-off, which will make Fed policy much more complicated. It's a subtle but important change.
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They're spending with abandon,
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This is a very unusual recession in that the consumer did not collapse and incomes are in the black,
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This is not much of a surprise. We've got a Fed saying growth is strong, but they're still hedging against a downturn. This is a Fed waiting to see the whites of the eyes of recovery.
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This speech is telling traders that the stability they've come so well to know is their own worst enemy, ... the bond market has not priced in enough risk.
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To be turning our backs on people who want to work is kind of silly in an environment where you've got tight labor markets and we're getting older and need younger people to work.
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Up front there are going to be enormous losses.
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very bad indicator on whether or not people feel secure about their jobs.
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