Anthony Chan Raising Quotations

More rate cuts may not be forthcoming, but the Fed is also not likely to start raising rates as quickly as financial markets expect.

What investors should realize is that the hostesses have been recruited to start removing the punch bowls from all Fed reception rooms and will soon be out full in force and ready to continue raising short-term rates well into 2003.

It lets the Fed feel more comfortable of raising only at a measured, and not an accelerated, pace,

In view of the stimulus already out there, I think the Fed will finish out the year by raising rates until the end.