Anthony Crescenzi
Anthony Crescenzi
conditions financial market near points
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,
except extent
not really much of a factor, except to the extent it's delaying the impeachment proceeding.
foreigners people readily situation
Foreigners look down on the situation a lot more readily than do U.S. investors, ... people don't sense he will be removed from office.
japanese robotic statements
And it was just more robotic statements about the Japanese yen.
contained seems thoughts
It contained a lot of generalized ideas, but it seems like just his thoughts about what the G-7 should discuss.
concern dollar euro money reserves
I think it is more psychological than anything. But there is concern more money will be put in euro reserves than in dollar reserves.
general policy remains seen view
I think their general view will be more upbeat, but it remains to be seen how upbeat, because they don't want to cannibalize their main message, which is that policy will remain accommodative for a considerable period,
concern dollar euro money reserves
I think it is more psychological than anything, ... But there is concern more money will be put in euro reserves than in dollar reserves.
barrel billion change consumer economy enormous gain impact influence oil per prices year
Each one-dollar change in oil prices has a $7 billion per year impact on consumer spending. So the gain in oil prices recently, from $25 a barrel to $37, is an enormous influence on the economy -- $84 billion, in other words.
comments markets price specific worse
Greenspan's comments have been so specific to the markets and costs, ... The price index was worse than the market would have liked.
comments markets price specific worse
Greenspan's comments have been so specific to the markets and costs. The price index was worse than the market would have liked.
excess growth pointing report strong
The report is universally strong and is pointing to growth in excess of Greenspan's objectives.
alarming certainly favorable last trend
As alarming as this is -- and the trend is certainly not very favorable -- it's not like it was in the last recession.
context higher last released
In the context of the PPI released last week, which was much higher than expected, the CPI is a big relief,