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Bruce Steinberg Quotes
«These problems have begun to improve, but they're far from resolved in terms of problems. So the Federal Reserve has got to keep moving.»
«Actually there are two pieces of news. One is that although the market consensus was only 250,000, the bond market was fearing a much, much stronger report --hence the relief rally that followed the release of the numbers.»
«They've already been working together. Summers sits in on the meetings Rubin has with Greenspan much of the time.»
«The complete lack of inflation puts the Fed in a bind. Recent remarks by Fed officials make it seem that they are hell-bent on tightening. But there is not much of a rationale that comes out of recent data.»
«Between you and me, you want to be the only one getting the pay raise, and not everyone else.»
«That's really going to tell the tale of whether the (U.S. Federal Reserve) will raise interest rates or not. It will probably determine whether August is a good month (for stocks) or not.»
«I thought [the job report] confirmed it. I thought it depended on today's data.»
«The economy is still going very, very strong. I think in October the Fed will take a pass, what they do after that remains to be seen.»
«We have to stay tuned for more economic data.»
«I believe they are going to raise rates at least twice more after today.»