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Lara Rhame Quotes
«I think the employment situation is getting better, slowly, so I don't think it will cause the consumer to shut down. But job growth like this makes consumer spending that much more fragile, if some exogenous shock should hit.»
«There really has not been justification for the dollar rally to happen exclusively versus the euro, especially because euro zone data has been kind of positive and Japanese data has kind of languished in a funk.»
«This is the Fed's preferred measure of inflation...and might have markets pricing in a more aggressive Fed.»
«I would point to the core PCE deflator, which gave a modest upside surprise. This is the Fed's preferred measure of inflation ... and might have markets pricing in a more aggressive Fed.»
«This is a solid (GDP) release and should support the dollar's gains from earlier this morning.»
«I don't see the scope for the ECB to match the Fed in terms of raising rates and this will continue to support the dollar. The ECB tends to lag the Fed and even if they hike, the yield differentials are still favorable to the dollar.»
«Markets initially seem to be focusing more on the downward revision in growth than the upward revision to the deflator.»
«The dollar is largely unchanged. In these holiday markets, I think releases like tomorrow's personal income data are going to be more critical than the backward-looking GDP report.»
«Everybody knows they (investors) want to buy high yielding currencies and the yen still seems like the best currency to sell to fund that.»
«I don't see this as an inherently dollar-positive statement. We'll see much greater uncertainty around the Fed at least until the next meeting because this statement is so flexible.»