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Sherry Cooper Quotes
«The future path for monetary policy depends critically on at least a flattening out of interest-sensitive spending, ... It is touch-and-go whether the softness in interest-sensitive spending is sufficient to be consistent with the required degree of overall economic slowing.»
Author: Sherry Cooper
«There is good financial-market news everywhere you look in this report.»
Author: Sherry Cooper
«The inflation data does not take the Fed out of the picture,»
Author: Sherry Cooper
«The markets are assuming that the Fed are finished tightening for the year, ... That presumption might prove to be premature. We, and the Fed, will wait and see.»
Author: Sherry Cooper
«Domestic demand remains remarkably strong, as the import data clearly indicate-a prime focus for the Fed,»
Author: Sherry Cooper
«The U.S. housing market appears to be gradually losing steam under the weight of higher mortgage rates, ... Even so, the market remains exceptionally healthy by any yardstick.»
Author: Sherry Cooper
«All in all, the year-over-year trend in income jumped to 6.1 percent from 5.4 percent, suggesting that consumer fundamentals remain very strong, ... Consumer spending remains on a tear.»
Author: Sherry Cooper
«These two key reports reinforce the underlying story of red-hot growth and stable inflation, which was the hallmark of the U.S. economy in 1999,»
Author: Sherry Cooper
«Further widening in the trade deficit in the months ahead is very likely given that the surge in oil prices will drive imports higher and that there has been no let-up in the domestic economy.»
Author: Sherry Cooper
«[Even so,] While sales are slightly below their peak levels of late 1998, this sector has hardly suffered a body blow from the run-up in long-term mortgage rates, ... Until the housing sector slows significantly, it is far too premature to look for a broad-based slowing in the economy.»
Author: Sherry Cooper