That's the big lingering risk factor sitting out there on the horizon. Will we have a gradual adjustment, where the trade deficit gradually improves, or will we have an accident along the way
More Quotes from Ethan Harris:
This has been a fundamental problem with the Fed's whole approach to policy making, ... By changing their language so frequently, they make it impossible to figure out what they're doing.Ethan Harris
The Fed is going to take a cautious approach (because) they're worried about how the consumer will handle higher interest rates, ... We've had recovery nurtured on super-low interest rates. They don't want to shock the patient by withdrawing the medicine too quickly.
Ethan Harris
The CPI number doesn't have a big influence in Fed thinking, ... This keeps policy makers comfortable where they are.
Ethan Harris
We think inflation is going to remain benign going forward.
Ethan Harris
The best tack is to move by a quarter point, with the promise that there will be more cuts to come if the economy remains weak. You can't maintain that promise with big bulky rate cuts.
Ethan Harris
It's the toughest weight class in the state, by far. Everyone here is so tough. There are just some studs in this weight class, so it's going to be the best man who comes through with the title.
Ethan Harris
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Based on Topics: Accident Quotes, Business & Commerce QuotesI always looked for a man to rescue me and bring me happiness. I bought into that myth, of course, and looked for my own Prince Charming.
Linda Evans
We give you this story. It is for the audience to be moved and gut wrenched, not us. It isn't as if we don't go through those real feeling and it isn't as if I don't cry three or four times a night. I usually do.
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No God without a world, and no world without God.
Friedrich Schleiermacher