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Dana Johnson Quotes
«The market has been extraordinarily complacent, viewing central bankers only as buyers although they're also sellers.»
«The Federal Reserve will be meeting on Sept. 30. It will be an easy decision to leave policy unchanged. There is no sign of accelerating inflation, and there are arguments and evidence that growth is in the process of slowing somewhat.»
«I think the concern that was motivating the Fed (to lower interest rates ) is that it's going to shift to more Western hemisphere trade partners. I think the risk is it's going to broaden and deepen.»
«Apparel prices have been trending down for years, thanks in part to downward pressure on import prices.»
«From a cyclical perspective, I'm not prepared to worry about inflation. There's no clear pattern of acceleration.»
«People are awfully comfortable with the outlook for stable Fed (policy), so bonds trade with the stock market.»
«What we're spending our time debating is whether the Fed goes a quarter point or a half point.»
«They're a little disappointing if you're looking for a strong labor market, but nothing dramatic.»
«This reminds me of the famous Sherlock Holmes mystery, where the dog that didn't bark was the key. It was what Greenspan didn't say more than what he did say that got the market excited. People were ready to hear a more upbeat reading on the economy than he gave.»
«It was a very disappointing report. It clearly pushes the timing of a Fed tightening further into the future. We're now calling for a Fed rate hike in the fourth quarter of 2004 instead of in August.»