Tony Crescenzi Quotes

While Greenspan did not hint that such would be delivered at the June 29-30 [Fed policy] meeting, he chose language that could well be inserted into the policy statement for that meeting, paving the way for a half-point hike at the August 10 or subsequent meetings.

- Tony Crescenzi

Tags

Greenspan | Hint | Delivered | June | Policy |

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The stock market is the main theme... Strength in big caps, particularly the Dow, is the source of weakness in the bond market. - Tony Crescenzi

The Fed has drawn a line in the sand, so there won't be a significant rally from here. - Tony Crescenzi

Policy makers want to make sure in the language of their statement that whatever they do, it's meant as insurance -- they don't want to create alarm about the state of the economy, but they also don't want to create alarm in the bond market about the end of accommodative policy. - Tony Crescenzi