Richard Yamarone Hike Quotations

Another rate hike is all but a done deal.

There's only so much a Fed rate hike can do to thwart an inflation threat that's predominantly driven by oil prices. Raising the fed funds rate won't stop people from speculating about higher oil prices,

I think for all intent and purposes, you really have to rule out a Fed rate hike on October 5,

The Fed is going to move at its gradual, measured pace because we've hit an oil-induced soft patch, ... Fifty-basis-point hikes are not right when the economy is skittish and market is jittery about oil.