Ethan Harris Quotes

With few signs that consumer prices are about to break to the upside ... along with signs that aggregate demand remains robust, we expect the Fed will not only vote to keep rates constant, but will leave the growth and inflation bias statements unchanged.

- Ethan Harris

Tags

Signs | Consumer | Prices | Break | Upside |

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They keep fiddling with the language, and the general tone of the directive keeps getting a little less dovish... Being 'patient' sounds a little less like they're keeping rates on hold than a 'considerable period' -- though you'd need to study a dictionary closely to figure that out. - Ethan Harris

The market has some adjustment to do, but it will be more of a slow leak than a pop. - Ethan Harris

Even with a positive outcome in the war, the economy is going to have lost a lot of momentum by the time it's over. We're not going to see a few weeks of weak data -- we'll see a few months of weak data. - Ethan Harris