Louise Purtle Quotes
Concerns about inflation are well tempered by concerns about how quickly economic growth will be undermined by rising rates against a background of continued high energy prices. When the evidence of that appears in the numbers, the bond market's low long-end yields will look justified. 
Tweet
Concerns | Inflation | Tempered | Quickly | Economic |
comments powered by Disqus
Already the Federal Reserve is indicating an increased degree of inflationary concern and this would only be exacerbated by further depreciation [of the dollar]. That raises the potential for rates in 2005 to be higher than might otherwise be considered optimal.
- Louise Purtle
Concerns about inflation are well tempered by concerns about how quickly economic growth will be undermined by rising rates against a background of continued high energy prices. When the evidence of that appears in the numbers, the bond market's low long-end yields will look justified.
- Louise Purtle