Anthony Crescenzi
Anthony Crescenzi
comments markets price specific worse
Greenspan's comments have been so specific to the markets and costs. The price index was worse than the market would have liked.
comments markets price specific worse
Greenspan's comments have been so specific to the markets and costs, ... The price index was worse than the market would have liked.
economic economy enters further giving grow growth hence holiday investors job looking might momentum optimistic prospects raising seen strong toward
Looking out even further toward the end of the year, investors might grow optimistic about the end-of-year economic situation, as 2004's strong job growth could be seen as raising the prospects for holiday spending, hence giving the economy momentum as it enters 2005,
effect employment overall rate reduced sector
If the manufacturing sector were to see even a reduced rate of decline, it would have an effect on overall employment statistics,
change closer coming comment deflation seemed
But his deflation comment seemed to really change things -- he said that it is coming closer to our shores.
basis both cut discount fed percent points rate
The Fed will probably cut the both the Fed-Funds rate and the discount rate by 25 basis points tomorrow, to 5.25 percent and 4.75 percent, respectively.
additional causing create drop economy fed further higher hold interest pose raising rates remains risk stimulus vigor
The Fed will look at a cross-section of data, which still show that enough vigor in the economy remains to pose a risk for higher inflation, ... If the Fed were to hold off on raising rates on Tuesday, they would create additional stimulus for the economy by causing a further drop in other interest rates.
create history problem solve
The Fed's history has been that they solve one problem but create another,
bet buying closer continue cut dearth fewer host larger meeting people point speculate
The Fed's about to cut rates, and they may cut more from a dearth of sellers than from a host of new buyers. Some people continue to make their bet on the possibility of a 50-basis point move. You see people buying to speculate on a larger cut...you're going to get closer to that meeting and you're going to find fewer sellers.
accurate align fed hopefully inflation itself needs strong trend unless view
The Fed needs to align itself with the inflation expectations of the market, unless it has a strong -- and hopefully accurate -- view about how the inflation trend is evolving.
bond catching environment short strength
In an environment where there is a lot of uncertainty, the short end will get the benefit. The bond is catching up to the strength on the short end.
downside exhausted itself market
In a sense the market exhausted itself on the downside yesterday,
gone industrial jobs november recession
They look at many things ... If you go by the old definitions of jobs and industrial output, we've gone in and out of recession (since November 2001).
except extent
not really much of a factor, except to the extent it's delaying the impeachment proceeding.