More - Jim O'Sullivan Quotes

I think the Fed wants the unemployment rate to stop going down pretty much immediately, and if it doesn't the Fed will keep tightening.

Jim O'Sullivan

 

It's old news and pretty inconsequential changes.

Jim O'Sullivan

 News

The CX-7 wasn't even a sketch on a cocktail napkin a little over two years ago. The fact that I'm standing here today watching the first CX-7 roll off the line marks a milestone in Mazda's ability to design and engineer vehicles for specific markets such as North America.

Jim O'Sullivan

 

Inflation is obviously a little bit higher than expected. Food and apparel were up. This is not going to stand in the way of further Fed easing.

Jim O'Sullivan

 Food

Hypothetically speaking, if the gasoline crunch forces prices up to $4 a gallon in the next three months, that would be a pretty big hit to the economy and to the consumer.

Jim O'Sullivan

 

We now expect the first hike to come in June. And rates could well be up at 2.00 percent by the end of the year.

Jim O'Sullivan

 

We now expect the first hike to come in June, ... And rates could well be up at 2.00 percent by the end of the year.

Jim O'Sullivan

 

These are not incredibly large numbers, ... Along with the lower tax payments, refunds could add a half-percentage-point of growth to GDP in the first half of the year -- not a dramatic effect, but a bit of a plus.

Jim O'Sullivan

 

If there is an inflation threat building, and the Fed doesn't act and inflation starts picking up, instead of (a) 50 basis points [increase] it's 250 basis points.

Jim O'Sullivan

 

I don't think the holiday season will be as good as last year. Right now people are facing higher gasoline prices. As winter arrives, the higher cost of natural gas will push up utility bills.

Jim O'Sullivan