The word 'measured' could very readily disappear now. They'll probably tweak the words one more time in the direction of being that much more open-ended, but maybe with the emphasis on 'ended' than 'open.
More Quotes from Neal Soss:
The good news from market perspective is that if the economy is slower, all else equal, that takes pressure off the Federal Reserve.Neal Soss
The economy is doing fine. We're at the lowest unemployment rates in a generation. Inflation is hard to find. There's just aren't the kinds of problems that would induce to you take new medicine. So if the medicine at the moment is a 4-34 percent Fed funds rate, keep it there.
Neal Soss
Market participants may well associate bad news on the economy with an increase in fiscal spending and lower bond prices.
Neal Soss
This committee still seems predisposed to raising rates a bit more, and the burden is on the data to tell them otherwise.
Neal Soss
It's a matter of words that don't have much content. The fact that they've said they have a bias to tighten means nothing if meeting after meeting nothing happens.
Neal Soss
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There's a button that goes On and I'm On. And when I go On, there is almost no me; there is just a character who is doing all this.Gisele Bundchen
If you spend a whole afternoon just eating popcorn and watching football, there's absolutely nothing wrong with that. But if that's all you do, you get swept along with the tide, without any idea of where you're going.
Roland Joffe
Ours is a life of constant reruns. We're always circling back to where we'd we started, then starting all over again. Even if we don't run extra laps that day, we surely will come back for more of the same another day soon.
Joe Henderson