I think the Fed will keep in 'measured pace.' There is no need for a major shift in the statement because economic conditions are similar to what they've been during the past couple of meetings.
More Quotes from Vincent Boberski:
The market's reaction is a testament to how effective the Fed's strategy has been in telegraphing its interest-rate moves.Vincent Boberski
I'd be awfully surprised if the Federal Reserve starts taking its cue from the central bank of Sweden or the Bank of England.
Vincent Boberski
Fundamentally we think rates should be higher than they are, but we've thought that for the last couple of years. The Fed's got a couple more hikes in it, and will stop out at 5 percent.
Vincent Boberski
Higher interest rates are beginning to take a toll on how people view their finances. Mortgage rates are nearly as high as they have been over the past three years, and the slowdown in the housing market is becoming more apparent. The jobs picture is encouraging, though, and higher incomes should help offset the negatives as we move into the spring and summer.
Vincent Boberski
Readers Who Like This Quotation Also Like:
Based on Topics: Past QuotesMan is raw and wild, that is one of the reasons why he needs the Christian teaching.
Alfred A. Montapert
In 1955 music wasn't that important. Music was a kind of a special thing you went and did.
Jerry Hunt
When I was young, I kissed my first woman and smoked my first cigarette on the same day. Believe me, never since have I wasted any more time on tobacco.
Arturo Toscanini