22 Quotes by Edgar Peters
- Author Edgar Peters
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It's much more likely now, I think, that the Fed will raise the fed funds rate to at least 5 percent.
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- Author Edgar Peters
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A pause by the Fed would give a temporary boost to stocks.
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- Author Edgar Peters
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The ISM Services data saved us from the Intel news this morning. With Intel there has been a lot of negative news that was already built in, so some of it may have been priced in. Investors now see the services sector is still growing, which is relieving the pressure the market has been under.
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- Author Edgar Peters
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The economy is quite strong and employment costs are rising, and that's what the Fed is going to be concerned about. ... it's a negative for interest rates. It's much more likely now, I think, that the Fed will raise the federal funds rate to at least 5 percent.
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