33 ordspråk av Robert DiClemente
Robert DiClemente
At each such turning point since 1960, industrial production has risen notably over the succeeding 12 months. This period is unlikely to be an exception.
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Fighting against rising interest rates just seems a waste of time. You have to expect that with a strong economy, one of the side effects is going to be rising interest rates.
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For the Fed, recent developments present an additional challenge because data hint that officials might need to risk an overshoot, moving rates into restrictive territory.
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He sees an explicit medium-term inflation target as an anchor for financial markets and a mechanism for Fed accountability.
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I don't recall a period where we had this kind of a surge in energy prices and didn't have some kind of negative fall-out.
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In the aggregate, if everybody has pricing power, then we have a serious problem.
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It's not just how does the Fed proceed without Greenspan, but what's the man going to do. Every question you ask with respect to the Greenspan Fed has this very unique feature, which is his role and his stature.
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It's obvious there's a lot of hand-to-mouth production going on, as businesses are still very wary about undertaking big projects or any sort of new activity for a variety of reasons, some intangible.
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People feel generally that we will see some equivalent forward-looking language that guides market expectations to expect action at least into the early part of next year.
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Recent events have raised chances of still another [half-percentage-point] cut in rates just when all had been expecting a throttling back in the rate of easing,
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Recent events have raised chances of still another [half-percentage-point] cut in rates just when all had been expecting a throttling back in the rate of easing.
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Stable long-term expectations are a potent headwind against a sharp acceleration in underlying price trends,
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Stable long-term expectations are a potent headwind against a sharp acceleration in underlying price trends.
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State and local budgets can be corrected by small changes in the relative growth rates of spending and tax revenues, rather than by jarring policy initiatives.
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The dollar's continued decline has complemented the drop in interest rates as a stabilizing force in the [economic] outlook,
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