John Lonski Quotes

[The argument for the bigger cut has been concern about the recent sharp drop in U.S. stock prices. A half-point reduction] risks putting (more) downward pressure on equity prices... The Fed is dealing with the unknown of how much more pervasive stock ownership is today.

- John Lonski

Tags

Argument | Bigger | Concern | Sharp | Drop |

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You are being compensated for that risk. - John Lonski

The year-over-year gain of 1.7 percent reinforces the sense that the current series of Fed rate hikes is nearly finished. - John Lonski

Unless there is some indication of a much higher-than-expected rate of inflation or an economy much stronger than realized, the Fed will probably lift fed funds by no more than 25 basis points in June. - John Lonski