Ethan Harris Quotes

That's something [economists] should have sitting in [the] back of their mind... We are not forecasting that, because it's hard to figure out a timing of such an event. You want to see evidence of things falling apart before you predict it. But I think the risks to the economy are greater in 2005 than in 2004.

- Ethan Harris

Tags

Economists | Sitting | Mind | Forecasting | Hard |

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By talking about interest rates rising again, you can precipitate them rising too early in a recovery -- that's why he shouldn't be talking about it. - Ethan Harris

If the Fed isn't happy, the market isn't happy. - Ethan Harris

Nobody thinks the risk of inflation is equal to the risks of recession -- all indications are on the down side. The only way to rationalize this is that [Fed Chairman] Alan Greenspan wanted a half-point cut, and to get a unanimous decision, he had to go to a neutral statement. - Ethan Harris