Lynn Reaser Quotes

It is difficult for the Fed because there are all these cross-currents.

- Lynn Reaser

Tags

Difficult | Cross | Currents |

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We had expected a snap-back in consumer spending after a decline in May, and that's what these numbers showed... Consumers appeared to be optimistic in their spending, despite the stock market and the ongoing corporate frauds and malfeasance. - Lynn Reaser

The higher level of energy prices is certainly affecting the psychology of consumers. But the underlying strength of the economy, and the continued increase in the relative strength of the underlying job market should prevent consumer spending from collapsing. - Lynn Reaser

We are seeing on one side fewer layoffs, and on the other side we are seeing a pickup in hiring. - Lynn Reaser