My feeling is that it's going to hint at much more aggressive monetary policy moving forward given the hawkish nature of Tuesday's statement,
More Quotes from David Powell:
The wording was that monetary policy is still stimulative, which implies further rate hikes down the line. And this morning, when capacity utilization was released, that definitely augured well for another rate hike.David Powell
Lisa was known for saying to her students and to her friends, 'Shoot for the moon. Even if you miss, you'll land among the stars.' And today, she's landed among the stars. She's in heaven with her Father.
David Powell
The irony is while we're driving more productivity and revenue by switching to broadband POS systems, we need to be far more careful about Internet vulnerabilities. It's a whole new ballgame building an IP network for hundreds of stores that needs to function even if a broadband connection is lost, and has to protect private customer and business information, not to mention facilitate the business of managing the entire network.
David Powell
We've had a bit of range-trading. I think traders have been a bit wary about taking positions on dollarCanada today.
David Powell
I think it was a day of market psychology taking over and looking at those crude prices, because there was nothing else to pay attention to.
David Powell
We saw consolidation of the gains in the Canadian dollar from last Friday.
David Powell
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Difficulty, my brethren, is the nurse of greatness - a harsh nurse, who roughly rocks her foster - children into strength and athletic proportion.
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Human beings are pampered by the Lord. Their real tests don't come until later in life.
Willie Stargell