The answer to how much higher the federal funds rate needs to go depends on how economic conditions unfold,
More Quotes from Sandra Pianalto:
Some may interpret this weak performance as a sign that the energy shocks may have finally taken their toll.Sandra Pianalto
In the past several years consumers ... have been very diligent in managing some of their debt in terms of refinancing to lower rates, but we'll have to ... keep our eye on this situation as the conditions change,
Sandra Pianalto
The current account deficit is at a record level, as a percent of GDP (gross domestic product). We're now at 6.5 percent. That is a very large number that cannot be sustained,
Sandra Pianalto
I am not suggesting we should be complacent about the weak statistic for fourth-quarter growth.
Sandra Pianalto
Readers Who Like This Quotation Also Like:
After 12 years, the old butterflies came back. Well, I guess at my age you call them moths.Franco Harris
Pugnacity is a form of courage, but a very bad form.
Sinclair Lewis
I also want to return to doing stand-up. I've become frightened of live audiences. This is a really telling sign that I need to go back on the comedy circuit again.
Johnny Vegas