“If you look at all the speakers after the last Fed meeting, they've all held to the same line: Inflation is running on the higher side of where they're comfortable, and the growth effects from the hurricanes will be temporary.”
“It is definitely on extremely light participation -- extremely. It's real, but it's been on lighter market volume than normal, so I would read less into it than I would in a normal week.”
“The language will give you an insight into whether there has been a shift in their feelings on the economy and on rates, or whether they feel they are getting to a reasonable level and they want to give themselves more flexibility.”
“This is a true collaboration. I had an idea of how I wanted to see, but I didn't have the knowledge or the background to do it. I'm very interested in restructuring the model of art, science and research. I think the current models need to be erased and we need to start fresh.”
“We're going to make a major impact at this university. This hasn't been done before not because the students can't collaborate, but because they haven't had the opportunity to do it.”
“The budget situation might have had some effect on the decision-making to bring the bond back, but I don't think it was the overriding factor honestly.”
“As an individual investor, you're basically lending to the government for an additional 30 years compared to the 10-year note, but getting no extra risk premium. That being said, there will be structural demand for the new bond.”
“Our feeling is that this is his first meeting (as chairman of the Federal Open Market Committee) and ... we would be very surprised if he says anything that deviates from the party line -- he will be careful not to roil the markets but leave enough room for the Fed to do whatever it is going to do.”
