Stephen Stanley Quotes
In terms of monetary policy right now, most people expect the Fed to tighten during the next two or three meetings, but it's foggy beyond that. Greenspan didn't really say much to clarify, either in his comments or in the question period. He was appropriately non-committal, and so there's been little reaction from stocks.
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Terms | Monetary | Policy | People | Expect |
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It is never a happy day for the Fed when GDP is revised down and inflation is revised up.
- Stephen Stanley
