David Resler Fed Quotations

There is a view out there -- and this gets more into psychology than economics, that if Fed moves 50 (basis points) now, it might be all they need to do.

We still have yet to see much evidence that any of this is translating into an inflation threat. Until it does, I don't expect the Fed to move.

The bond market is noticing that the capacity usage rate is rising with this additional production, and to some people's minds that gets us nearer to the day of Fed tightening.

The Fed is on hold indefinitely. It doesn't mean they won't make another move this year, but there is too little information to make another rate move in September.

The Fed is without question, especially in light of the behavior of the stock market, focused with laser-like scrutiny on consumer confidence.

All of this, in terms of the FOMC becoming data dependent, comes as no surprise, and the new Fed chairman has an open agenda from which to work.