I think we have conditions in place now that could put off the tightening. Unfortunately, there is some inflation embedding itself.
More Quotes from Anthony Crescenzi:
I think it is more psychological than anything, ... But there is concern more money will be put in euro reserves than in dollar reserves.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
This time, they want to keep rates low to fight deflation -- a demon that may have vanished already. They might be successful again, but something else might build up, some other unintended consequence, including some inflation.
Anthony Crescenzi
If Greenspan really wanted to move more aggressively, but felt constrained by the market, he could have taken the opportunity given to him on a silver platter before he made those remarks,
Anthony Crescenzi
There are hints now that the worst may be over in the labor story.
Anthony Crescenzi
Again, another whipsaw day, ... What big news did we get today ... Nothing.
Anthony Crescenzi
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