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Letter "C" » Carl Tannenbaum Quotes
«We're trained to think that rapid growth after six years of expansion is finally going to kick prices up a little bit, but in fact they're going in the opposite direction,»
«This economy has a lot of momentum and seems intent on challenging the Fed to keep in under control. Inflation is a real risk here after six years of expansion. The Fed perhaps is taking the first step, a down payment if you will, to try and keep that under control. But it may take more than what we saw yesterday.»
«It's certainly surprising. I mean, all of the recent news suggested that we're going down a slippery slope toward a slower economic time.»
«It's a big surprise and another puzzle for economists to try to figure out.»
«We seem to be continuing to defy these natural limits of the economic cycle and we should be able to push forward at a decent pace in the second half without risking inflation,»
«With holiday sales looking a little better than expectations and the Purchasing Managers Index up when we were expecting a decline, it's clear that the fear that many had that we had slowed down too far is unwarranted.»
«The survey was taken in a dark week immediately after Katrina. The images (in the media) were of the type that don't makes us confident about anything.»
«The hurricane season failed to blow the economy off course.»
«The new chairman, undoubtedly, is going to be someone that the administration is comfortable with, but I think the new chairman should take the step early on of showing that they are going to remain independent-minded.»
«If they have to ring some inflation out of the system, the initial list of victims has to include housing markets. You have a risky period for consumers for the next six to eight months.»

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