Quotations
Famous Quotations
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Carol Stone Quotes
«It is outstanding to see such growth with not even any inflation,»
Author: Carol Stone
«The Fed should be very comfortable with this. They likely will shift the bias in their upcoming meeting to neutral.»
Author: Carol Stone
«I don't think it will make any difference. Regardless of what people spent in April, the fact that fewer had jobs means going forward their spending is likely to be restrained.»
Author: Carol Stone
«If you're making fewer things, then you need fewer people to transport them, and fewer people to finance them, and fewer people to distribute them down the line. So it's important, and it's key to the current state of the economy.»
Author: Carol Stone
«Businesses are simply not able to pass any additional costs through to final consumers. They were bargain hunters in good times, and now they're really bargain hunters . This says there is room for the Fed to do whatever it needs to do to maintain growth.»
Author: Carol Stone
«Expectations for [a half-percentage-point cut] might fade a little bit. There's some firmness to these numbers, so it's not as dire as people had begun to think after last week's beige book.»
Author: Carol Stone
«A lot of people are surprised. I am too. I hesitate to read too much into one month's number, but certainly it does indicate that the worst may have passed for factory activity.»
Author: Carol Stone
«I don't think it does anything to fact that we look for one more rate cut in October. There are too many other pieces of information that we still need to see, ... The price situation in some ways is a good thing, but the fact there are such widespread price declines is not good in the long run ? that's deflation, and can weigh in favor of even more easing.»
Author: Carol Stone
«I think investors will pay attention to this appearance by the Fed chairman. He will outline the Federal Reserve's own workings. This will be interesting because many speakers from the Federal Reserves have recently discussed the fact that we are going to have a recovery, but it's going to be slow,»
Author: Carol Stone
«They're going very fast. I've already had 10 calls this morning. I've got people coming in right now for box springs and mattresses. They're bringing me another truckload of box springs and mattresses right now.»
Author: Carol Stone