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More - James Glassman Quotes

Consumer spending grew almost 4 percent in the spring quarter, before the tax stimulus package. In the third quarter it looks like consumer spending is going to be up 6 percent or so. - James Glassman Quotes

Consumer spending grew almost 4 percent in the spring quarter, before the tax stimulus package. In the third quarter it looks like consumer spending is going to be up 6 percent or so.

I think anybody in the Fed chief position realizes that the job is not about proving credentials. It's about doing what's right for the economy, - James Glassman Quotes

I think anybody in the Fed chief position realizes that the job is not about proving credentials. It's about doing what's right for the economy,

The squeeze on consumers is building. Retailers and other folks who deal with the customer are going to feel the customer's pain this fall and Christmas season. We'll be going through a short period of slow growth. - James Glassman Quotes

The squeeze on consumers is building. Retailers and other folks who deal with the customer are going to feel the customer's pain this fall and Christmas season. We'll be going through a short period of slow growth.

Two things every American knows: the price at the gas pump and their house story. We all sense there is a shift in the market . . . from a seller's market to a buyer's market. We'll see more in the data in the coming months that will confirm what we all know. - James Glassman Quotes

Two things every American knows: the price at the gas pump and their house story. We all sense there is a shift in the market . . . from a seller's market to a buyer's market. We'll see more in the data in the coming months that will confirm what we all know.

the long-run budget impact, despite all the screaming and hand-wringing about this...is really very small, very modest. - James Glassman Quotes

the long-run budget impact, despite all the screaming and hand-wringing about this...is really very small, very modest.

They are not committing anybody to a March rate hike. - James Glassman Quotes

They are not committing anybody to a March rate hike.

I think they'll just do 50 (basis points), and leave in their statement it open-ended because the market is already anticipating a fair amount more easing by the Fed anyway, ... We'll hear more in Mr. Greenspan's testimony (before Congress) in February about what they plan to do. - James Glassman Quotes

I think they'll just do 50 (basis points), and leave in their statement it open-ended because the market is already anticipating a fair amount more easing by the Fed anyway, ... We'll hear more in Mr. Greenspan's testimony (before Congress) in February about what they plan to do.

Usually economists are figuring things out after the fact, especially the Fed chairman. - James Glassman Quotes

Usually economists are figuring things out after the fact, especially the Fed chairman.

When you're an economist trained in conceptual stuff, you tend to be less intuitive. You fall back on this conceptual framework that the profession has invested a lot of time in. - James Glassman Quotes

When you're an economist trained in conceptual stuff, you tend to be less intuitive. You fall back on this conceptual framework that the profession has invested a lot of time in.

There is a way they come to a conclusion, and it is your job to not constantly be picking fights with it, - James Glassman Quotes

There is a way they come to a conclusion, and it is your job to not constantly be picking fights with it,

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