Lara Rhame Quotes

This is yet another reminder that policy-makers don't have a lock on knowledge. There's a tremendous amount of confusion now about whether or not the recent weakness due to military anxiety is going to end up being self-reinforcing economic weakness.

- Lara Rhame

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Reminder | Policy | Makers | Lock | Knowledge |

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Markets initially seem to be focusing more on the downward revision in growth than the upward revision to the deflator. - Lara Rhame

There's a growing effort within the Fed to look for other ways to add liquidity into markets and to sustain the interest-rate-led growth we've had... I think they are going to move to a bias to ease policy again, but I'd look for the ease somewhere else. It won't be a rate cut. - Lara Rhame

Most people at the Fed seem to feel that the national economy is strong enough to absorb the effects of Katrina. That to me seems that you will not see the Fed rate hike derailed. - Lara Rhame