Ethan Harris Quotes

You're going to see continued cost discipline. So when growth comes it won't be spent on things like wage increases, but will flow to the bottom line.

- Ethan Harris

Tags

Continued | Cost | Discipline | Growth | Spent |

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There is a history both in appointments under the Bush administration and the Fed chairmanship itself of people off the list being picked. Bush does seem to have a proclivity to pick people with a more business background for his economic positions. - Ethan Harris

Rising rates could have a tremendous impact on slowing consumer spending. Consumer spending has been about 6 percent, when adjusted for inflation. Rising rates could bring it down to 2 or 3 percent. - Ethan Harris

But the obvious effect is on utility consumption, which will affect industrial output in the economy. People consume more electricity, that places more demand on natural gas, coal, power, and electrical systems. - Ethan Harris