Tony Crescenzi Quotes

With no hint of an interest rate cut on the horizon, those who operate on borrowed money are showing an unwillingness to buy Treasuries yielding less than 4.75%.

- Tony Crescenzi

Tags

Hint | Interest | Rate | Horizon | Operate |

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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

With the Fed's statement, Chairman Alan Greenspan's famed gradualism is surfacing again, as the chairman appears to be signaling a slow pace of interest rate hikes in the future. - Tony Crescenzi

The forthcoming German IFO survey (business sentiment index), due out Thursday, is expected to jump to 100.0 from 95.4 in September. - Tony Crescenzi