Sung Won Sohn Quotes

We're looking for the wording of the Fed's statement to change in an encouraging direction. The economic numbers would argue for more optimism than caution at this point... My expectation is that this economy will be sizzling in the third quarter and hopefully in the fourth quarter, and that should lead to more jobs.

- Sung Won Sohn

Tags

Wording | Statement | Change | Encouraging | Direction |

comments powered by Disqus

Random

Our research shows the jobless rate is the best indicator of monetary policy... They have almost perfect correlation. - Sung Won Sohn

Since the economy is awash with liquidity and interest rates are already at a [40]-year low, the cut in the interest rate will work primarily through the psychological channel. - Sung Won Sohn

The economy is clearly cooling or downshifting somewhat. - Sung Won Sohn