John Forelli Quotes

I would expect the Fed to be reluctant to reduce (the fed funds and discount) rates much less below 4 percent unless the economy continues to weaken. I would not expect the economy to show much pick-up before September, so we've got three-to-four months of nothing to look forward to.

- John Forelli

Tags

Expect | Reluctant | Reduce | Funds | Discount |

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