Lara Rhame Quotes

I don't see the scope for the ECB to match the Fed in terms of raising rates and this will continue to support the dollar. The ECB tends to lag the Fed and even if they hike, the yield differentials are still favorable to the dollar.

- Lara Rhame

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Scope | Match | Terms | Raising | Rates |

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There still is evidence that the most important sector of the economy, the labor market, is still only in the process of stabilizing. It's not in full-fledged recovery yet. - Lara Rhame

Even if the Fed got very concerned about these headwinds -- business investment, consumer confidence, stock market frailty -- they'd be asking themselves if cutting another 25 basis points [one-quarter percentage point] would do any good whatsoever... That I seriously question. - Lara Rhame

It wouldn't surprise me if the Fed did stick with the positive and ignore the negative, but I can't imagine them taking out the statement [in their August policy announcement] that says 'labor market indicators are mixed,' ... If they are positive, they still have to retain at least that one negative. - Lara Rhame