Ethan Harris Quotes
Before the war, consumers were doing OK, but the corporate sector didn't want to get going... We're back to the same environment. You see it in surveys of CEOs -- they just aren't convinced that now's the time to start expanding their business. 
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Consumers | Corporate | Sector | Environment | Surveys |
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They keep fiddling with the language, and the general tone of the directive keeps getting a little less dovish... Being 'patient' sounds a little less like they're keeping rates on hold than a 'considerable period' -- though you'd need to study a dictionary closely to figure that out.
- Ethan Harris
You probably want to subtract about two-tenths of a percent from first-quarter GDP growth. But that's looking like very old history, with the Fed having eased twice since the first quarter... From the market's perspective, you feel like you're in a different world already. The first quarter looks very distant, indeed.
- Ethan Harris