We are headed to 5 percent almost certainly, but after that the Fed will pause because they will see enough evidence that economic growth is moderating.
More Quotes from David Jones:
That is a situation no one wants to see but the closer we come to the weekend and the 12th of July makes it a lot more difficult. That's why Tony Blair needs to be aware the clock is ticking and it is ticking fast and he doesn't have much time left.David Jones
If we don't provide that opportunity, then if we have a prodigy buried in there some place or some kind of gift, then it never shows.
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The fourth quarter... that's still partly the good news of 1997 and that was truly a good news year. The question is what happens in the first, second, third and fourth quarters of 1998 and I think that's a deteriorating process.
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I do not think he (Greenspan) has made up his mind. He may wait until the very last minute before he tips his hand.
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When we go down that road it will be in a dignified manner. It would be ludicrous for people to think we are going to storm whatever barriers are put up.
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Another quarter-point rate hike is baked in the cake. But we are near the end.
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Don't look at the downside of everything that comes along. It helps life move along so much smoother and nicer.George Smathers
The English are polite by telling lies. The Americans are polite by telling the truth.
Malcolm Bradbury
I am not a member of any organization listed by the Attorney General as subversive. In any instance where I lent my name in the past, it was certainly without knowledge that such an organization was subversive. I have always been essentially and foremost an American.
Judy Holliday