36 Quotes by David Orr

(Fed Chairman Alan) Greenspan thinks consumer confidence is important, and if he thinks so I guess we should think so,

Things obviously got away from them. But by acting in such dramatic fashion, the Fed sent a loud signal to participants in both the financial and the business sectors that the Fed will fight the threat of recession as vigorously as it fought the threat of inflation.

The soap opera will continue. I wouldn't take them off stage altogether as some people are doing.

There's definitely that possibility, although one of the things the Fed wants to get away from is slavishly bowing to that lather, ... I'm still expecting a quarter point cut. There's a concern by some members of the Fed that they risk over stimulating the economy. And if you keep making half-point cuts, you'll run out of bullets pretty quickly.

It's like the kid doesn't want to take any medicine, but it's good for him, ... It's a little medicine now versus a lot of bad medicine later.

It seemed serious that he fired bullets into the trailer. One had gone clear through the other side.

Not bad, but less than the 18 percent (annual rate of growth) in the second quarter and 26 percent (rate) in the first quarter.

It will no doubt buoy forecasters who see the recent slowdown in the economy as a temporary affair -- which includes the Fed,

They decided they were going to go and get some revenge.