The immediate fallout is not especially damaging. However, we expect the dollar to remain under pressure and face new lows once short-term profit-taking has run its course and the macro picture takes hold among the money center players. |
The market has been burned on both sides, so people want to see what the Fed has to say and unless it's a concrete statement, everything will continue to be data-dependent. |
The PCE deflator came in as expected, and declined on a year-on-year basis. It helped paint the picture that inflation pressure are well contained and possibly declined. |
The PCE deflator came in as expected, and declined on a year-on-year basis. It helped paint the picture that inflation pressures are well contained and possibly declined. |
The PCE deflator came in as expected, and declined on a year-on-year basis. It helped paint the picture that inflation pressures are well contained and possibly declining. |
The president is going to take a look at where we can get the most effective use of the resources. He wants to be practical and effective. |
The real estate market has been an underlying source of support for private consumption. As that market begins to slow and weaken, that would have an impact on private consumption. |
There is a little bit over-speculation that there was going to be some imminent and drastic change to Japanese monetary policy and nothing to be further from the truth. |
This is going to be a short-term recovery. The dollar will continue to weaken in the next several days. |
This number does not increase the case for a move beyond 5 percent. |
Today's data is supporting the notion the Fed will go only one or two more times. We're in a period of dollar weakness at the moment. |
We ask people for their patience, but they should plan accordingly. |
We're basically just seeing a little follow-on from Friday's unemployment report. The dollar has been stronger due to the interest rate outlook. |
We're looking at each element, each discipline of our operation to determine how this happened and why. |
We've seen dollar/yen slip on that China comment. |