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David Kelly Quotes

One thing that's clear is that the Fed is determined to still seem balanced. The minutes will reflect a little more inflation concern and a little more concern about the economy but no deviation from the measured pace. - David Kelly

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Clear | Determined | Balanced | Minutes | Reflect |

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I'm glad it wasn't worse. I wouldn't say the job market is out of intensive care yet, but if we see a pickup in retail sales and a pickup in business spending in the next few months, the effects [of recent weak economic growth] should be done by the third quarter. - David Kelly

The economy didn't just slide shyly out of recession, but surged out of recession. The reason is all the stimulus applied to the economy after Sept. 11. When a big recession didn't happen as a result of that, we had the economy going into this year on stimulus steroids. - David Kelly

The unemployment rate will come down slowly because of tremendous productivity gains, but I don't doubt the strength of final demand. - David Kelly

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