Chris Rupkey Quotes

While it sounds as if most members see that the series of rate hikes since June 2004 is close to the end, it's not over until the economy slows. The minutes are a little past their stale date. Commodity prices are soaring. - Chris Rupkey

We're back to expecting a rate cut on December 11. Meyer changed people's thinking by essentially saying there's no limit as to how low (the federal funds rate) could go and today we're getting an added boost from the (weak) stock trade. - Chris Rupkey

We were due for a pullback in credit. - Chris Rupkey

Unfortunately, I think they tried to fight the inflation dragon a little too long, and rejected the counsel of the markets which urged them to cut rates as early as November that year. - Chris Rupkey

This is not going to be the easiest Treasury refunding sale. - Chris Rupkey

This is consistent with the idea that slack resources have been taken up in the economy. There is considerable momentum and this is the sort of environment where inflation pressures can spill over and actually cause an increase in the rate of inflation, so it is a bit early for them (the Fed) to lay down their saber. - Chris Rupkey

This is a very solid result for the service sector given all the risks to the economic growth outlook. The services sector is the heart of the economy where most of the new jobs are created, so a strong number bodes well for the outlook. - Chris Rupkey

This is a fairly minor transgression. - Chris Rupkey

This budget number is way out there; it was quite a shock. - Chris Rupkey

They're not on the sidelines yet. The inflation pressures are immense at this stage of the business cycle. - Chris Rupkey

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