Paul Christopher Quotes

This report underscores or emphasizes that the Fed would be quite well justified for easing policy as early as next week... I'm not saying to expect a cut in rates, but perhaps they'll start with a move to a neutral bias, with a rate cut the next logical step in January.

- Paul Christopher

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Report | Underscores | Emphasizes | Justified | Easing |

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Not only is the economy slowing but it is a reminder that inflation risks diminish as the economy slows. It emphasizes that the Fed would be quite well justified for easing policy as early as next week, a move to a neutral bias with a rate cut being the next logical step in January. - Paul Christopher

This suggests the economy is due for a slowdown, much like the one we had in 1995. It's quite possible they'll (the Fed) move in December; if not in December, then in January. - Paul Christopher

It's kind of like getting another sweater for Christmas. It's OK, but not what we really wanted to see. If you're really looking for immediate relief in interest rates, it may take another month or so. - Paul Christopher