Ethan Harris Quotes
You probably want to subtract about two-tenths of a percent from first-quarter GDP growth. But that's looking like very old history, with the Fed having eased twice since the first quarter... From the market's perspective, you feel like you're in a different world already. The first quarter looks very distant, indeed. 
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Subtract | Tenths | Percent | Quarter | Growth |
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By talking about interest rates rising again, you can precipitate them rising too early in a recovery -- that's why he shouldn't be talking about it.
- Ethan Harris
The markets are going to be a bit uncertain as to how to react, given that the Fed is waiting in the wings... They are all going to be looking ahead toward the FOMC meeting to see what the Fed's verdict is on the data rather than reacting as it comes out. They'll be sort of holding their breath.
- Ethan Harris