“The CPI report was very tame. It sort of reflects the comments by Alan Greenspan that even though monetary policy is way too expansive right now, inflation is sufficiently a non-event, a non-problem, so the Fed obviously can wait at this point.”
Anthony Chan
“The CPI report was very tame. It sort of reflects the comments by Alan Greenspan that even though monetary policy is way too expansive right now, inflation is sufficiently a non-event, a non-problem, so the Fed obviously can wait at this point,”
“Today's report provides something for both the hawks and the doves on the Monetary Policy Committee. It is, however, unlikely to precipitate a change of policy when the Bank next meets.”
Simon Rubinsohn
“The report suggests we're one step closer to the Bank of Japan's exit from its current loose monetary policy. That's negative for Japanese government bonds.”
Naomi Hasegawa
“I think this employment report shows that the laws of gravity do apply to monetary policy,”
“The Fed is now explicitly conducting monetary policy with the aim of supporting stock prices,”
Ian Shepherdson
“If people are depressed and scared, as they have been in Japan, there are limits to monetary policy. It comes down to people making personal decisions.”
Warren Bailey