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Wayne Angell Quotes

No one should interpret the remarks as being a prelude for the Federal Reserve raising the Fed funds rate at the December or February meeting. That's not going to happen. If that was going to happen, the chairman wouldn't have made a speech to puncture the exuberance. - Wayne Angell

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Interpret | Remarks | Prelude | Federal | Reserve |

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He is not going to give that much of an indication on his own, because this Fed chief is an effective politician. - Wayne Angell

No one should interpret the remarks as being a prelude for the Federal Reserve raising the Fed funds rate at the December or February meeting. That's not going to happen. If that was going to happen, the chairman wouldn't have made a speech to puncture the exuberance. - Wayne Angell

Even if the events of Sept. 11 had not occurred, the economic case for lower interest rates was a strong one. However, as we work toward a reopening of the equity markets, we believe that a cut in rates is even more important than it was before. - Wayne Angell

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