Ethan Harris Hike Quotations

We now believe that the first Fed rate hike will not come until December, and we continue to worry the Fed may be forced to ease again before it begins hiking rates,

In total, we learned very little about the future of the economy or Fed policy except that the Fed is not ready to hike rates in the very near future.

For the Fed to hike rates now would be the equivalent of a doctor prematurely declaring a patient at full health, discharging them from the hospital and then forcing them to run a mile.