“There is no group arguing that the Fed has gone too far. There is a broad consensus that if the data shows rising operating rates, further moves will be needed.”
“Perhaps it's a function of the fears that (Fed Chief Alan) Greenspan has already gone too far (with interest-rate hikes) and the worst news is yet to come.”
“Thus far, the Fed seemingly has no bite. Normally, when the Fed has raised short-term rates, long-term yields have also risen. Not this time.”
“Hiring a Fed chairman is like firing a missile. There's no recall button.”
“She spoke the most beautiful classical Arabic and no one understood her. I got fed up with her and the idolatry around her.”
“He maintained this foot in both camps. No one could criticize the Fed for being oblivious to their point of view.”
“No. Sharks are kind of lazy, and they know they're going to be fed.”
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