153 Total Quotes

Anthony Chan Quotes Page 2

When you listen to Greenspan's speech, you hear a fear about the sustainability of economic growth and no inflation pressures. Guess what that spells? Lower interest rates and postponing a return to higher rates, to insure the sustainability of growth.
Anthony Chan
#Fear

They (Fed policy makers) know at any point of the time they may need to administer CPR to this economy.
Anthony Chan
#Economy

The momentum going into 2006 is clearly healthy. We will be able to withstand weaker growth for the rest of the quarter and almost not miss a heart beat.
Anthony Chan
#Growth

These numbers are suggesting that a future Federal Reserve tightening will be coming to a theater near you quite soon.
Anthony Chan
#Future

Although the current growth environment is not impressive, positive growth is still positive growth. On the darker side of things, however, we must admit that the economy still lacks the growth momentum needed to correct many of the labor market ailments.
Anthony Chan
#Environment

Despite the fact that the unemployment rate remains low relative to prior economic downturns, the burden on the unemployed population has been the most severe, by one measure, since at least 1972.
Anthony Chan
#Population

This report is certainly consistent with an economy that is trying to make a recovery, but a weak recovery. When you start to back out the volatile components, it's not all that weak. We're picking it up, but these numbers tell us the economy will come back slowly.
Anthony Chan
#Economy

This report should soothe the fears of monetary policy-makers who are trying to adjust policy to prevent the economy from overheating.
Anthony Chan
#Economy

The Fed will raise rates, but they're aware that higher energy prices might do some of their job. And inflation is not so high that they need to panic.
Anthony Chan
#Energy

The GDP doesn't take into consideration loss of wealth, ... It's affected by jobs and productivity.
Anthony Chan
#Jobs

The core (inflation measure), while it's up, still looks very contained. This just keeps the Federal Reserve interest rate hike engine humming along after June 30.
Anthony Chan
#Inflation

There's no question unemployment is what drives consumer confidence, which in turn drives consumer spending. We have to be realistic and accept the notion that, as we enter the first quarter and December, these sales are going to get a bit weaker. We're still in a recession.
Anthony Chan
#Confidence

Everybody knows energy prices are out of control. But to see the core number coming in line with expectations and the year-over-year figure actually declining tells me the Fed is back on plan to move at a gradual pace (of rate increases.)
Anthony Chan
#Control

Outside of energy, the consumer is fine. That's why growth this year will be weaker than last year, and it will be weaker next year than this year.
Anthony Chan
#Energy

The job market is going to get worse -- this is a jobless recovery.
Anthony Chan
#Job

We will see a moderation ? but not a collapse ? in consumer spending,
Anthony Chan
#Moderation

Recent speculation about the demise of the housing boom has been greatly exaggerated.
Anthony Chan
#Boom

When the economy is creating 200,000 new jobs a month, we can tolerate $65 to $70 a barrel oil. It masks the impact on consumer confidence.
Anthony Chan
#Economy

Lower energy prices will cushion the blow to the economy from the higher prices so far. Psychologically, it helps the consumer and that means the hit to the economy will not be as great as feared earlier.
Anthony Chan
#Economy

If you have productivity growing faster than the economy, how can you expect demand for labor to be all that strong? I'm still hopeful that unemployment won't go much higher than 6.2 percent or 6.3 percent, but where we'll peak is not as important as when we turn around. If we sort of linger at 6.2 percent, that will put some downward pressure on consumer spending.
Anthony Chan
#Economy

The fears about SARS are a bit more alarming than the reality. There's so much excess capacity around the world that I doubt any supply disruptions [arising from SARS] would cause a real supply-chain problem.
Anthony Chan
#Excess

Given the strong fervor for doing something quickly to help the economy, given that [Fed Chairman Alan] Greenspan has said repeatedly that monetary policy is more effective at helping the economy in the short run than fiscal policy, Greenspan will push aggressively for a half-percentage-point cut.
Anthony Chan
#Economy

It seems as though the inflation report provided a few component surprises but no overall surprises as apparel prices continued to drop despite the expectation that they would stabilize or rise slightly.
Anthony Chan
#Inflation

I don't think the recovery is in danger. But I think what we have here is a situation where the Federal Reserve will probably look at the numbers a lot more closely. If we see another two or three economic statistics that surprise us, yes the Fed can pause and not raise rates in August.
Anthony Chan
#Danger

When the economy hits rough spots, gridlock is not good.
Anthony Chan
#Economy

This was low because of lower energy prices. I don't think that's a decline we can expect to continue.
Anthony Chan
#Energy

We've fallen far short of prior economic expansions, ... We're about 5-1/2 million (jobs) short of where would be today if this were a typical expansion.
Anthony Chan
#Jobs

Corporate earnings growth is slowing. Earnings might be growing at 9 to 10 percent, and that's still impressive. But they're going in the wrong direction.
Anthony Chan
#Growth

This report is actually quite favorable for financial markets since we see very little inflation pressure while simultaneously seeing job creation inching up,
Anthony Chan
#Inflation

Additionally, it was encouraging to see a small increase in the length of the work week, which usually serves as a leading indicator of future employment growth.
Anthony Chan
#Work