But the resolution of the issue may begin to alleviate fears about systemic risk; Today we should all be looking at our financial system and saying these risks are very low, very few, and that we have a financial system that is sound.
More Quotes from Anthony Crescenzi:
The Fed doesn't want sudden market reactions in response to news that might be difficult they want to cause as little volatility as possible, ... Greenspan has admitted to sending signals in the past -- it's the way they operate.Anthony Crescenzi
There is a certain skepticism with regard to the rallies that we have seen in the stock market. We have yet to see the worst of the economic news.
Anthony Crescenzi
The Fed will probably cut the both the Fed-Funds rate and the discount rate by 25 basis points tomorrow, to 5.25 percent and 4.75 percent, respectively.
Anthony Crescenzi
What you're left with is a figure consistent with the inflation rate slowly moving upward,
Anthony Crescenzi
It will reinforce what's happened recently in the debt markets, (the idea) that there's been a sharp underperformance in high-risk assets,
Anthony Crescenzi
Given that some of the news of late ... has been on the weak side, and given that the Fed's own Beige Book report reflected weakness, they might show an inclination to cutting rates in the future,
Anthony Crescenzi
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Based on Topics: Danger & Risk Quotes, Finance QuotesBased on Keywords: systemic
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