Most analysts disagree, though. Such a large reduction could spook the markets into thinking the downturn will be more severe than previously feared, ... and that could be a self-fulfilling prophesy.
More Quotes from Tim Fox:
I don't think a decision either way would have been negative for the pound.Tim Fox
European growth is still a lot less than U.S., ... It's by no means certain that we've seen the peak in the dollar against the euro yet.
Tim Fox
It's difficult to see the dollar weakening in the short term because the growth outlook for the U.S. is very favorable. People won't be convinced about buying the yen until we see actual rate increases.
Tim Fox
This is the number one murder city in America. It's just a reality of where we are.
Tim Fox
Our greatest fear is people coming onto the campus because there is no wall or gate surrounding us.
Tim Fox
There's been some weak data recently and the reports over the next few days probably won't look positive. They could have an impact on the dollar.
Tim Fox
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