Ethan Harris Quotes

There is a history both in appointments under the Bush administration and the Fed chairmanship itself of people off the list being picked. Bush does seem to have a proclivity to pick people with a more business background for his economic positions.

- Ethan Harris

Tags

History | Appointments | Bush | Administration | Chairmanship |

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It's not as friendly as some of the other inflation numbers, but it's just one indicator. We have no inflation warning signals from any of the other major inflation indicators. - Ethan Harris

This has been a fundamental problem with the Fed's whole approach to policy making... By changing their language so frequently, they make it impossible to figure out what they're doing. - Ethan Harris

In an ideal world, three simultaneous gradual adjustments would happen. The U.S. eliminates the budget deficit, China revalues by 30 percent and China works to rebalance growth more to consumption and less to exports. Of course none of this will happen and the pressure for protectionism from Congress grows. - Ethan Harris