“[TIPS are a] terrific long-term hedge against inflation, ... are not a good hedge against short-term interest rate volatility.”
Eric Jacobson
“The difference between the '80s and '90s and now is that inflation and interest rates are already low.”
Francois Trahan
“In this kind of interest rate environment with the inflation scenario that's being played out, it think (the bull market) has a lot of legs to it.”
Michael Driscoll
“Today's inflation figures will reinforce the belief that the Fed only has one or two more interest-rate hikes up its sleeve before it rests. The lack of any significant upward pressure on inflation should help persuade the Fed to raise rates no higher than 5 percent.”
Paul Ashworth
“Short-term interest rates should come down. Long-term interest rates should come down. There are no signs of inflation.”
Tony Dwyer
“If inflation is 3-4%, interest rates will drop to 5-7% and loans could be issued for 10 years.”
Alexei Kudrin
“If you really want to stimulate the economy, you put interest rates down below the inflation rate. The lower the inflation rate goes, the harder it is to get the federal funds rate down below that.”
Robert Brusca
