Neal Soss
Neal Soss
accustomed comments government officials
We're accustomed to the insights of government officials being authoritative. Greenspan's comments may be wise, but they aren't actionable anymore.
direction disappear emphasis maybe readily time tweak word words
The word 'measured' could very readily disappear now. They'll probably tweak the words one more time in the direction of being that much more open-ended, but maybe with the emphasis on 'ended' than 'open.
economy federal good market news perspective pressure takes
The good news from market perspective is that if the economy is slower, all else equal, that takes pressure off the Federal Reserve.