Maury Harris Quotes

Today's FOMC statement did not add any new specificity or much elaboration, and the initial reaction in the bond market has been limited.

- Maury Harris

Tags

Fomc | Statement | Specificity | Elaboration | Initial |

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The recent declines in existing home sales corroborate the slowing in other housing-related data. We expect additional slowing in the housing market, including prices, in 2006. In turn, the cooling will probably result in a moderation in overall growth. - Maury Harris

Today's FOMC statement did not add any new specificity or much elaboration, and the initial reaction in the bond market has been limited. - Maury Harris

In crafting today's FOMC statement, we believe Fed officials were undoubtedly influenced by the perception that mixed signals from the Fed, and possibly some loss of credibility, accounted for some of the recent surge in bond yields. - Maury Harris