53 Quotes by David Gilmore

We have to start thinking about the Fed moving from a neutral to a more restrictive policy. I wouldn't rule out a 6 percent Fed funds rate if the economy stays hot.

We believe the yen will weaken substantially into the first quarter of 2001,

We believe the ECB will follow the Fed rate cut relatively quickly with one of its own,

While we have said all along that the foundation for the U.S. expansion is dodgy, as long as it is what it is, we expect to see the dollar and Treasury yields - and fed funds - move up.

The question is, is this a turning point in the US trade deficit?

We are near a point this month that could see the early arrival of the weak dollar trade.

There is no immediate threat of intervention by the European Central Bank.

With little evidence that tightness in the U.S. labor market is slackening, and oil prices a wild card for inflation as winter approaches, the FOMC had few options but to remain vigilant about inflation,

We think that as long as labor market conditions remain tight and oil prices high, the Fed will retain an inflation bias which could last until early spring.