The much weaker-than-expected rise in payrolls truly confirms the cautious demeanor expressed by various Federal Reserve policy officials.
More Quotes from Anthony Chan:
We will continue on this jobless path, where we're not creating enough jobs to make a real difference to the economy, for at least another six to nine months.Anthony Chan
When you have a long road to travel, you don't take too many breaks. You just keep on going, ... We're one or two bad numbers away from reassessment of Fed policy, but we're not there yet. Yes, this number is weak, and yes, it's disappointing, but there are some rays of hope in here.
Anthony Chan
My suspicion is that they are really leaving the door open, at least a crack, to an inter-meeting move.
Anthony Chan
Recent trends in this index strongly suggest that the largely anticipated path towards economic recovery has in all likelihood already begun,
Anthony Chan
That report certainly reveals the recession is not over. The gains we had in September are not sustainable and illustrate why the central bank has to continue to lower rates. At this juncture, the easing of rates basically is serving as a consumer confidence booster.
Anthony Chan
These numbers are suggesting that a future Federal Reserve tightening will be coming to a theater near you quite soon.
Anthony Chan
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Based on Topics: Moderation & Temperance QuotesBased on Keywords: weaker-than-expected
Memorial Day this year is especially important as we are reminded almost daily of the great sacrifices that the men and women of the Armed Services make to defend our way of life.
Robin Hayes
The works must be conceived with fire in the soul but executed with clinical coolness.
Joan Miro
We are beginning a new era in our government. I cannot too strongly urge the necessity of a rigid economy and an inflexible determination not to enlarge the income beyond the real necessities of the government.
Andrew Jackson