Chris Probyn Quotes

This was quite a clever statement. They get economics out of the way and that's pretty accurate.

- Chris Probyn

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Clever | Statement | Economics | Pretty | Accurate |

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It suggests that the situation has not changed so much so that they are definitely done. They are more likely to tighten in March. - Chris Probyn

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

There's now a possibility of a pause whereas last week I would have described the thought as lunacy. But this does not necessarily portend a pause. The Fed will be busy in the next two weeks to come up with as much hard information as to the size and duration of the hurricane effect. - Chris Probyn