Neal Soss Economy Quotations

Market participants may well associate bad news on the economy with an increase in fiscal spending and lower bond prices.

The good news from market perspective is that if the economy is slower, all else equal, that takes pressure off the Federal Reserve.

As long as the economy is growing at such a good pace, it is appropriate and desirable that the FOMC acknowledge that with somewhat higher rates.

The economy is doing fine. We're at the lowest unemployment rates in a generation. Inflation is hard to find. There's just aren't the kinds of problems that would induce to you take new medicine. So if the medicine at the moment is a 4-3/4 percent Fed funds rate, keep it there.

The Federal Reserve has been for some time thinking of the economy as having two diametrically opposing influences: strength domestically and weakness overseas. There's nothing we've learned (today) that changes that view.