Paul Kasriel Quotes

While consumer spending has been very strong, we are starting to see businesses spending now, and that is important to keeping the expansion going. Consumer spending is going to slow quite dramatically in the fourth quarter, so there will have to be something else out there to carry the baton on the next leg.

- Paul Kasriel

Tags

Consumer | Spending | Strong | Starting | Businesses |

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You can't make it up on volume if you're borrowing at 4.25 percent and lending at 4 percent. - Paul Kasriel

He goes up to Congress, and they ask him questions about everything except monetary policy. It's unprecedented that a central banker is sort of viewed as an omniscient economic policy czar. It's not his responsibility. - Paul Kasriel