Quotations
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Brian Wesbury Quotes
«Almost every indicator we have says that inflation is going to be less than 1 percent this year. That means that the 5.5 percent Federal Funds rate is too high.»
Author: Brian Wesbury
«It's still going to be a very tight call,»
Author: Brian Wesbury
«I think the odds favor an ease a little bit but even if they don't ease in December, I think we'll see further easing as we move into 1999.»
Author: Brian Wesbury
«The Fed is going to have a very difficult decision, and I think a lot will depend on what some other numbers on the economy will do and what the stock market does.»
Author: Brian Wesbury
«Weak currencies tend to signal weak economies. Brazil did not want to devalue, it fought off devaluation for a long time. Nonetheless the economic fundamentals forced them to devalue against their wishes.»
Author: Brian Wesbury
«I'm not saying this doesn't mean anything. I just think it means less than the printed numbers have shown.»
Author: Brian Wesbury
«This number is a one-month number. I would really be hesitant to make a trend out of this. If you strip out oil, these numbers do not look so bad and, especially in the producer price area, prices are still falling and this tells me that the pipeline does not have inflation in it.»
Author: Brian Wesbury
«When we have such great inflation news, it's not necessary for the Fed to raise interest rates. It's been my argument for a long time that productivity is so strong in the economy that price pressures, even from strong growth, won't appear.»
Author: Brian Wesbury
«All of a sudden, this mystery of strong growth and low inflation doesn't seem such a mystery any more. This is exactly what the new economy is all about.»
Author: Brian Wesbury
«I believe we were already in recession (before the attacks), but at least the consumer was holding up. Now we are virtually guaranteed to see spending fall. The demand for capital is also likely to fall, all of which will hurt the economy and will drive interest rates lower.»
Author: Brian Wesbury