Lara Rhame Quotes

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

Tags

Surprise | Stick | Positive | Ignore | Negative |

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I firmly believe consumer spending will stay in positive territory, but I think we will see further signs of consumer fatigue as the year progresses. - Lara Rhame

On balance, it is a modestly dollar negative set of data. Retail sales growth was a little weaker than markets had expected, with a downward revision to the ex-auto sector. - Lara Rhame

It's probably wise they [cut] before the opening bell. They wouldn't want to [be seen as] reacting to the stock market, but they are trying to show that they are willing to do what it takes to maintain confidence. - Lara Rhame