18 Quotes by Kathleen Camilli

He is obviously establishing his credentials as an inflation hawk, which is of course what the global financial markets want to hear.

Keep in mind that export orders are a big part of this and since Asia has turned, so has manufacturing turned.

Keep in mind, consumer confidence is tied to your job.

I think the greater risk is that higher energy prices will cause consumers to pull back, slowing overall economic growth.

I think the Fed is erring on the side of caution, as a central bank should. That's why they left the direction in place. It could be this time they're holding tight too long. We'll know that only in hindsight, as unfortunate as that is.

Every Fed chairman has been greeted with a trial by fire.

The stock market could be on track for a recovery. The stock market is one of the key leading economic indicators and it tends to turn up about six months before the official end of recession. So, if in fact it stays up now, it would be signaling that the recession could be over sometime next June.

Put in perspective, these levels are as high as they were in the late 1960s, so the fact that we've come off a little bit is most likely the reflection of anticipation of higher interest rates.

This does imply we'll see higher CPI inflation. The bond yield will move up as long we continue to see greater-than-expected data.