25 Total Quotes

Robert DiClemente Quotes

People feel generally that we will see some equivalent forward-looking language that guides market expectations to expect action at least into the early part of next year.
Robert DiClemente
#Action

This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental. Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a new wave of retrenchment.
Robert DiClemente
#Sales

This to me looks more like what retailers had said, that colder weather in May might have depressed sales in ways that are not really fundamental, ... Early anecdotal evidence for June shows a snap-back. It would be a big mistake to view this as a sign of a new wave of retrenchment.
Robert DiClemente
#Sales

State and local budgets can be corrected by small changes in the relative growth rates of spending and tax revenues, rather than by jarring policy initiatives.
Robert DiClemente
#Budgets

It's not just how does the Fed proceed without Greenspan, but what's the man going to do. Every question you ask with respect to the Greenspan Fed has this very unique feature, which is his role and his stature.
Robert DiClemente
#Man

He sees an explicit medium-term inflation target as an anchor for financial markets and a mechanism for Fed accountability.
Robert DiClemente
#Inflation

With higher inflation still a tangible threat, officials cannot rule out the possible need to move beyond neutral.
Robert DiClemente
#Inflation

The gap between rapid growth and subdued employment is a familiar story reflecting a possible 'once in a lifetime' surge in productivity,
Robert DiClemente
#Growth

I don't recall a period where we had this kind of a surge in energy prices and didn't have some kind of negative fall-out.
Robert DiClemente
#Energy

True, the fuel for faster recovery is amassing. But that prospect does not materially alter chances that inflation will also remain well anchored.
Robert DiClemente
#Inflation

Fighting against rising interest rates just seems a waste of time. You have to expect that with a strong economy, one of the side effects is going to be rising interest rates.
Robert DiClemente
#Economy

The severity of the downturn still hinges on the fate of consumers.
Robert DiClemente
#Fate

The wealthiest households took the hardest hit from the equity slide over the past two years and had the largest debt exposure. Since these high-income households are in the best position to withstand deterioration in their financial positions, the shocks are likely to have a limited effect on overall consumer spending.
Robert DiClemente
#Past

The risk of spillover from the rising trend in energy prices will likely prompt the Fed to head off more lasting damage.
Robert DiClemente
#Energy

In the aggregate, if everybody has pricing power, then we have a serious problem.
Robert DiClemente
#Power

With surging productivity keeping alive chances of further disinflation, even another Fed rate cut cannot be ruled out,
Robert DiClemente
#Productivity

Under these conditions, policy makers will want to maintain a continued period of very low interest rates and highly accommodative financial conditions to propel aggregate demand well above the upper end of reasonable estimates of potential growth,
Robert DiClemente
#Interest

The dollar's continued decline has complemented the drop in interest rates as a stabilizing force in the [economic] outlook,
Robert DiClemente
#Force

Recent events have raised chances of still another [half-percentage-point] cut in rates just when all had been expecting a throttling back in the rate of easing,
Robert DiClemente
#Events

While financial markets are focused on all the gloom ... they risk missing the incipient turnaround in corporate profits, ... Based on the latest GDP figures, corporate earnings probably bottomed in the third quarter. Firms are making the necessary adjustments to restore profitability by reining in their costs, especially labor compensation.
Robert DiClemente
#Risk

Under these conditions, policy-makers will want to maintain a continued period of very low interest rates and highly accommodative financial conditions to propel aggregate demand well above the upper end of reasonable estimates of potential growth,
Robert DiClemente
#Interest

Recent events have raised chances of still another [half-percentage-point] cut in rates just when all had been expecting a throttling back in the rate of easing.
Robert DiClemente
#Events

While financial markets are focused on all the gloom ... they risk missing the incipient turnaround in corporate profits. Based on the latest GDP figures, corporate earnings probably bottomed in the third quarter. Firms are making the necessary adjustments to restore profitability by reining in their costs, especially labor compensation.
Robert DiClemente
#Risk

The dollar's continued decline has complemented the drop in interest rates as a stabilizing force in the [economic] outlook.
Robert DiClemente
#Force

With surging productivity keeping alive chances of further disinflation, even another Fed rate cut cannot be ruled out.
Robert DiClemente
#Productivity