Mark Vitner Quotes
You could even interpret the minutes to read that economic growth has already slowed to its long-run potential and that the federal funds rate is already at a neutral level. The Fed's commentary describes an economy that is nearing or already in the early stages of a soft landing.
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Interpret | Minutes | Read | Economic | Growth |
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They would like to raise rates, but right now, keeping rates a little too low would cause the least harm in the economy. If they raise rates after this weak employment report, people will be hollering. George Bush would be hollering the loudest.
- Mark Vitner
