Quotations
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Robert DiClemente Quotes
«Fighting against rising interest rates just seems a waste of time. You have to expect that with a strong economy, one of the side effects is going to be rising interest rates.»
Author: Robert DiClemente
«At each such turning point since 1960, industrial production has risen notably over the succeeding 12 months. This period is unlikely to be an exception.»
Author: Robert DiClemente
«The severity of the downturn still hinges on the fate of consumers.»
Author: Robert DiClemente
«The wealthiest households took the hardest hit from the equity slide over the past two years and had the largest debt exposure. Since these high-income households are in the best position to withstand deterioration in their financial positions, the shocks are likely to have a limited effect on overall consumer spending.»
Author: Robert DiClemente
«The risk of spillover from the rising trend in energy prices will likely prompt the Fed to head off more lasting damage.»
Author: Robert DiClemente
«In the aggregate, if everybody has pricing power, then we have a serious problem.»
Author: Robert DiClemente
«People feel generally that we will see some equivalent forward-looking language that guides market expectations to expect action at least into the early part of next year.»
Author: Robert DiClemente
«With surging productivity keeping alive chances of further disinflation, even another Fed rate cut cannot be ruled out,»
Author: Robert DiClemente
«Under these conditions, policy makers will want to maintain a continued period of very low interest rates and highly accommodative financial conditions to propel aggregate demand well above the upper end of reasonable estimates of potential growth,»
Author: Robert DiClemente
«The dollar's continued decline has complemented the drop in interest rates as a stabilizing force in the [economic] outlook,»
Author: Robert DiClemente