Lara Rhame Quotes

[Policy makers'] concern is that we're still only forming a bottom and that the process is still very fragile. Their concern is not for data in December and November...They're concerned about January, February and March, which will show continuing job losses, less spending and less income.

- Lara Rhame

Tags

Policy | Concern | Forming | Bottom | Process |

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I don't think there is a tremendous amount the Fed can do, but they can't stay on the sidelines. Unless the data stream improves, they have to cut rates. - Lara Rhame

Given that the economic data will be strong, people will wonder why the Fed is not moving, which could cause some volatility in the markets. But we think the Fed will remain on hold for quite some time. - Lara Rhame

We've never seen how this index behaves in a recovery; we've never seen it in anything but a downturn. It doesn't surprise me that we'd get record levels, now that manufacturing is recovering. - Lara Rhame