Bruce Steinberg Quotes

With the economy showing signs of life, the Fed easing cycle is probably at an end. We expect the Fed to hold steady. - Bruce Steinberg

We think the Fed will continue cutting rates, although less aggressively. We are expecting another [quarter-point] cut at the December meeting and another cut in January, with the fed funds rate ending up at 1.5 percent. - Bruce Steinberg

We still believe that the recession will persist through the winter, mainly because major job loss looms ahead in order to restore profit margins. - Bruce Steinberg

We have to stay tuned for more economic data. - Bruce Steinberg

We don't have any inflation problem. The CPI was a one-time aberration. - Bruce Steinberg

We don't expect the Fed to tighten anytime soon. The first tightening move is unlikely to occur before late summer at the very soonest. - Bruce Steinberg

We believe the Fed is done. But even if the Fed is done, it will continue to talk tough, stressing inflation risks, in part to keep markets from going to far too soon. - Bruce Steinberg

We believe if the Fed does not cut by 75 basis points, there is a risk the market would be disappointed. If the Fed does cut by 75 basis points, we do not think that the selling climax would continue past that point. - Bruce Steinberg

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