Quotations
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Lara Rhame Quotes
«There still is evidence that the most important sector of the economy, the labor market, is still only in the process of stabilizing. It's not in full-fledged recovery yet.»
Author: Lara Rhame
«Most people at the Fed seem to feel that the national economy is strong enough to absorb the effects of Katrina. That to me seems that you will not see the Fed rate hike derailed.»
Author: Lara Rhame
«It's probably wise they [cut] before the opening bell. They wouldn't want to [be seen as] reacting to the stock market, but they are trying to show that they are willing to do what it takes to maintain confidence.»
Author: Lara Rhame
«We're definitely going to have a strong recovery, but it's not going to be as robust [as people think]. It's going to be the second quarter before we get any kind of positive gross domestic product growth.»
Author: Lara Rhame
«This is more an unwind of positions betting against the yen. It's been very surprising how fast this correction has been. The speed of the move has shocked a lot of people.»
Author: Lara Rhame
«We're getting to a phase where European data could have more of an impact because a solid U.S. economic scenario is so widely expected. The markets are also very thin, so traders aren't taking on large amounts of risk.»
Author: Lara Rhame
«On balance, it is a modestly dollar negative set of data. Retail sales growth was a little weaker than markets had expected, with a downward revision to the ex-auto sector.»
Author: Lara Rhame
«Inflation is looking more benign outside of the energy sector.»
Author: Lara Rhame
«This really puts the spotlight very acutely on the Fed minutes this afternoon.»
Author: Lara Rhame
«The trade number at best leaves the dollar where it was and at worst sparks a substantial dollar decline.»
Author: Lara Rhame