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
#Economy

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
#Sales

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

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
#Circumstances

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