Chris Probyn Quotes

This is a Fed that has demonstrated excellent crisis management skills. But by the time we come to November, the Fed should be able to act with a greater degree of confidence. A pause in November would mean a severe downgrade in the prospects for the economy while tightening in November would show that the effects of Hurricane Katrina were probably temporary.

- Chris Probyn

Tags

Demonstrated | Excellent | Crisis | Management | Skills |

comments powered by Disqus

Random

Foreigners continued to buy a considerable amount of securities here in the United States. - Chris Probyn

The November minutes were taken as a sign of an impending pause and I don't think the Fed wants to give that message. If the economy is still growing fast, they may have to raise rates above 5 percent. - Chris Probyn

The US absorbs exports from across the world. So there will be ripple effects, as well as the indirect impact of the oil price. - Chris Probyn