The wealthiest households took the hardest hit from the equity slide over the past two years and had the largest debt exposure. Since these high-income households are in the best position to withstand deterioration in their financial positions, the shocks are likely to have a limited effect on overall consumer spending. - Robert DiClemente Quotes
The wealthiest households took the hardest hit from the equity slide over the past two years and had the largest debt exposure. Since these high-income households are in the best position to withstand deterioration in their financial positions, the shocks are likely to have a limited effect on overall consumer spending. Robert DiClemente
 Past

More - Robert DiClemente Quotes

You've got this awkward confluence of a Fed that's getting nearer and nearer to some critical level of rates and an inflation forecast that has been more in doubt or more in play than it has been for some time, - Robert DiClemente Quotes

You've got this awkward confluence of a Fed that's getting nearer and nearer to some critical level of rates and an inflation forecast that has been more in doubt or more in play than it has been for some time,

Robert DiClemente

 
People feel generally that we will see some equivalent forward-looking language that guides market expectations to expect action at least into the early part of next year. - Robert DiClemente Quotes

People feel generally that we will see some equivalent forward-looking language that guides market expectations to expect action at least into the early part of next year.

Robert DiClemente

 Action
This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental. Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a new wave of retrenchment. - Robert DiClemente Quotes

This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental. Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a new wave of retrenchment.

Robert DiClemente

 Sales
This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental, ... Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a new wave of retrenchment. - Robert DiClemente Quotes

This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental, ... Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a new wave of retrenchment.

Robert DiClemente

 Sales
State and local budgets can be corrected by small changes in the relative growth rates of spending and tax revenues, rather than by jarring policy initiatives. - Robert DiClemente Quotes

State and local budgets can be corrected by small changes in the relative growth rates of spending and tax revenues, rather than by jarring policy initiatives.

Robert DiClemente

 Budgets
It's obvious there's a lot of hand-to-mouth production going on, as businesses are still very wary about undertaking big projects or any sort of new activity for a variety of reasons, some intangible. - Robert DiClemente Quotes

It's obvious there's a lot of hand-to-mouth production going on, as businesses are still very wary about undertaking big projects or any sort of new activity for a variety of reasons, some intangible.

Robert DiClemente

 
It's not just how does the Fed proceed without Greenspan, but what's the man going to do. Every question you ask with respect to the Greenspan Fed has this very unique feature, which is his role and his stature. - Robert DiClemente Quotes

It's not just how does the Fed proceed without Greenspan, but what's the man going to do. Every question you ask with respect to the Greenspan Fed has this very unique feature, which is his role and his stature.

Robert DiClemente

 Man
He sees an explicit medium-term inflation target as an anchor for financial markets and a mechanism for Fed accountability. - Robert DiClemente Quotes

He sees an explicit medium-term inflation target as an anchor for financial markets and a mechanism for Fed accountability.

Robert DiClemente

 Inflation
With higher inflation still a tangible threat, officials cannot rule out the possible need to move beyond neutral. - Robert DiClemente Quotes

With higher inflation still a tangible threat, officials cannot rule out the possible need to move beyond neutral.

Robert DiClemente

 Inflation
The gap between rapid growth and subdued employment is a familiar story reflecting a possible 'once in a lifetime' surge in productivity, - Robert DiClemente Quotes

The gap between rapid growth and subdued employment is a familiar story reflecting a possible 'once in a lifetime' surge in productivity,

Robert DiClemente

 Growth
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