Quotes by Anthony Crescenzi

The market has done part of the job, but this tightening is not yet substantial -- financial conditions are still near their loosest points in many, many years,

The market has priced in a rate cut, of at least a quarter point, ... and this morning it was for a rate cut of .75 - and I think that is where Greenspan would draw the line.

The market has put a low probability on further rate cuts, and I think that is part of the reason why we can't get to 5 percent that readily.

The market's applauding the resolve of the Fed and acting accordingly, ... In that way, its behavior is rational.

And if not for the gyrations in the equity market, it would have been a lot thinner.

The comments don't hint either way really. People were just hoping for a signal about the rate move, and he rarely provides that.

The Chinese devaluation would be devastating to the equity markets, and it would be good for bonds, ... But that is not a credible fear right now. The inflation that would come from devaluation would cause social instability.

The Dow went from 8,360 to 8,420 in the last 45 minutes. That turned the bonds down,

The economy is less interest-rate sensitive than it was a year ago because of income growth, and we have corporate profits higher than capital spending -- a condition only seen rarely in the past 40 years -- meaning companies don't need to borrow as much,

And it was just more robotic statements about the Japanese yen.