Ian Shepherdson Quotes
Mr. Greenspan clearly wants to leave the door open to lower rates, but he was more explicit this time in his acknowledgement that there are risks on the other side. 
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Greenspan | Leave | Door | Open | Rates |
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The new Fed Chairman clearly expects to have to raise rates a bit further, but the extent of the tightening is dependent on the relative performance of the labor and housing markets.
- Ian Shepherdson
Only a few years ago, auto sales numbers, like those seen recently, would have automatically lead to expectations of higher prices... Now, increasing transparency in car prices, substantially due to the Internet, together with the automakers' ability to hold down unit labor costs, means that stronger sales do not necessarily lead to higher prices.
- Ian Shepherdson