Quotations

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Elisabeth Denison Quotes

«It was a warm month, no snow storms or anything like that. In fact, we might see some give-back in February because we already see the first chain store sales for the week ending Saturday were down because of the snow storm.»
«What it will do is push up first-quarter growth probably close to 5.0 percent, so a nice rebound from the fourth quarter.»
«Consumers are out there shopping.»
«The unemployment rate was the most important. It will strengthen (the Fed's) resolve to lean against inflation pressures.»
«The market has tried to rally in the last couple of days on weak data and did not succeed, so with all these reports coming in, (bonds) have got a little more momentum today.»
«It leaves the underlying momentum strong.»
«It definitely is pointing in the direction of further rate hikes.»
«This is something the Fed is going to keep an eye on as it's domestic prices that they're worried about, the domestic pace of activity, and it definitely is pointing in the direction of further rate hikes.»
«Some people were concerned after the revisions yesterday and were maybe looking for bigger increases in the core (today) and there's a little bit of rallying, but it's very, very minor.»
«As long as the economic momentum remains strong, we believe they will still lean against inflation pressures with another rate hike.»

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