Quotations

Famous Quotations

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Anthony Chan Quotes

«The recovery is proceeding, but gradually, and that's actually healthy. It's the kind of recovery central bankers dream of -- gradual, not explosive, and therefore long-lasting and sustainable.»
Author: Anthony Chan
«What investors should realize is that the hostesses have been recruited to start removing the punch bowls from all Fed reception rooms and will soon be out full in force and ready to continue raising short-term rates well into 2003.»
Author: Anthony Chan
«In other words, before the end of 2002, the Fed should signal that their upward rate moves were just a warm-up for what we can expect in 2003.»
Author: Anthony Chan
«The headline number is encouraging, but if you strip out the volatile components and look at core growth, it's telling you we're turning the corner, but we're not running around the corner.»
Author: Anthony Chan
«The manufacturing sector has turned the corner and improved, but it is not likely to push the economy to a level of growth that will make policy makers nervous or financial markets nervous [about higher interest rates]. It's steady growth, which is better than rapid growth that would likely be snuffed out by the Federal Reserve.»
Author: Anthony Chan
«The Fed will raise rates, but they're aware that higher energy prices might do some of their job. And inflation is not so high that they need to panic.»
Author: Anthony Chan
«Although today's employment report provides little evidence of anything resembling a double-dip recovery, it does provide stronger support for the onset of a gradual to a moderate recovery in the months ahead.»
Author: Anthony Chan
«The bottom line is, the labor market is going to continue to show further deterioration, not because it's getting worse, but because of mechanics. As the unemployment rate gets higher, the consumer is going to consider that.»
Author: Anthony Chan
«Our analysis suggests the pace of consumer spending is likely to slow in the near-term future,»
Author: Anthony Chan
«The Fed will probably want to see signs of a firmer recovery before they jump the gun. They'll take a pass [at their meetings] in May and in June. They may start the [raising] process after that, but it will be gradual.»
Author: Anthony Chan