Neal Soss Quotes

The Federal Reserve has been for some time thinking of the economy as having two diametrically opposing influences: strength domestically and weakness overseas. There's nothing we've learned (today) that changes that view.

- Neal Soss

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Federal | Reserve | Time | Thinking | Economy |

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The economy is doing fine. We're at the lowest unemployment rates in a generation. Inflation is hard to find. There's just aren't the kinds of problems that would induce to you take new medicine. So if the medicine at the moment is a 4-3/4 percent Fed funds rate, keep it there. - Neal Soss

As a result, the swings between March and April in the Census figures tend to be smaller than the swings in the retailers' report. Chain store results from the retailers may overstate the weakness in March. - Neal Soss

This committee still seems predisposed to raising rates a bit more, and the burden is on the data to tell them otherwise. - Neal Soss