Jon Jacobs Quotes (4 Quotes)

I think everyone expects the Fed to have a hawkish statement -- to not raise rates, but to say that the balance remains tilted toward upside pressure on inflation,

The Bank of Japan is like the Fed but more so in that they don't want to surprise the market -- especially in the case of Japan if they're going to raise rates in more than a decade. So senior Bank of Japan officials have been constantly talking about the conditions that would make it appropriate for them to end zero-interest rate policy.

Glenn's help on the day was invaluable. With Glenn being there, it allowed the crews to practice in as near to a real situation as is possible. His help and guidance at the session ensures that should any rider get into difficulties at Somerset in the new season, they will receive first rate attention from the crews on duty, attention which could make all the difference as far as rider safety is concerned.

There's a pretty overwhelming consensus that there will be no hike next week. Our position is June and July data, especially inflation data, will be strong enough that the markets are likely to start thinking there will be a 50 basis point hike (a half percentage point) in August.