Ethan Harris Quotes
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. 
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Fundamental | Problem | Approach | Policy | Making |
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We've gone from a period where there was a reasonable chance the Fed might cut rates just four months ago to one in which the Fed is very much comfortably just sitting on hold for now.
- Ethan Harris
[By the fourth quarter], you will continue to have worries about corporate governance issues, a weak stock market and a buildup to war in Iraq leading to higher oil prices -- a lot of negative psychological forces in the economy that will make it very hard to sustain growth going forward.
- Ethan Harris