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.
More Quotes from Anthony Crescenzi:
If the economy slows beyond what we've now priced in, which is about a one- to two-percent growth trajectory, then we can begin to see a decline in yields again perhaps.Anthony Crescenzi
There are hints now that the worst may be over in the labor story.
Anthony Crescenzi
Fundamentally there is not a good basis for the yen to rally today. But the bottom line is the dollar is more stable than we would have thought Friday.
Anthony Crescenzi
What he did was defend his actions rather than quell the fears of systemic risk. I'm really surprised that he'd do more to stem fears of hedge-fund community fallout.
Anthony Crescenzi
In light of the political backdrop, the decline in confidence is understandable and is therefore of little worry, particularly now that the primary season is over,
Anthony Crescenzi
The market has done part of the job, but this tightening is not yet substantial -- financial conditions are still near their loosest points in many, many years,
Anthony Crescenzi
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