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Kurt Karl Quotes

We have a housing valuation issue. The time is now for raising interest rates and defusing these problems potentially by slowing down the economy a bit and avoiding a big necessary increase later and a consequential recession. - Kurt Karl

Tags

Housing | Valuation | Issue | Time | Raising |

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We had expected a rebound. Gasoline prices are down a lot, so that is good news, but they are still very high and that may be what is weighing on people's minds at this point. - Kurt Karl

The key number for the Fed was actually the unemployment rate and it went down and has been declining steadily. Wages continue to rise and the Fed has to continue to raise interest rates. This isn't weak enough to stop them. - Kurt Karl

The year-on-year was (up) 2.2 percent. That is a change and that is worrisome for the Fed. You would expect a bit of a sell-off in the bond market. - Kurt Karl

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