5 Total Quotes

Edward McKelvey Quotes

Trade is a drag (on growth) and that tends to hit manufacturing harder than the rest of the economy.
Edward McKelvey

The easing the Fed has already done has had a focused and limited effect, mainly on sales of homes and automobiles. It's not clear another rate cut will have much effect. I think fiscal easing is more effective at this point; it more directly puts money in people's pocketbooks.
Edward McKelvey

The really surprising thing is the lack of inflation given this kind of growth.
Edward McKelvey

If under these circumstances the F.O.M.C. is prepared to keep going, then this means that the committee is more worried about the longer-term risk of higher inflation than the shorter-term risk of a collapse in growth.
Edward McKelvey

It would be minimal. In a broad perspective, we shouldn't really be looking for a tremendous slowdown.
Edward McKelvey