“My curves are not crazy.”
“We would not try to use monetary policy to fix or to determine the shape of the yield curve. That would not be appropriate, nor could that be conducted I think,”
“It is going to follow what the nominal (Treasury) curve is doing. It's not that great of a surprise.”
“The yield curve has been one of the more reliable indicators of turning points, not necessarily recessions, but slowdowns in the economy.”
“Todd is great because he still goes into every curve and analyzes every inch. It's a trait not many drivers have. He's very bright, and very impressive to talk to.”
“One wants to make sure that it continues to build and not to be too far ahead of the curve in monetary policy if at the same time fiscal policy is also tightening.”
“Continuing consolidation largely depends on whether or not tax relief announced in February provides new stimulus to this consolidating curve.”
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