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Ian Shepherdson Quotes

It will profoundly damage Bush's ability to accomplish his legislative goals... drastic reforms of Social Security and Medicare, which would affect the state of public finances in the long run. - Ian Shepherdson

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Profoundly | Damage | Ability | Accomplish | Legislative |

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(The GDP and inflation data) won't prevent modest further easing. - Ian Shepherdson

My guess is it won't be very exciting because he already told us three weeks ago what he thinks. He's certainly not going to say anything that suggests the Fed might be thinking about not cutting rates as soon as the market thinks but I don't think he'll want to give the impression that they're going to slash rates even more aggressively. - Ian Shepherdson

Eventually, the housing slowdown will affect retail sales too, but that is probably a story for the spring of next year, at the earliest. - Ian Shepherdson

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