Edward McKelvey Quotes

4 Edward McKelvey quotes:

"Trade is a drag (on growth) and that tends to hit manufacturing harder than the rest of the economy."
"If under these circumstances the F.O.M.C. is prepared to keep going, then this means that the committee is more worried about the longer-term risk of higher inflation than the shorter-term risk of a collapse in growth."
"The easing the Fed has already done has had a focused and limited effect, mainly on sales of homes and automobiles. It's not clear another rate cut will have much effect. I think fiscal easing is more effective at this point; it more directly puts money in people's pocketbooks."
Author: McKelvey Quotes Category: Sales Quotes
"It would be minimal. In a broad perspective, we shouldn't really be looking for a tremendous slowdown."

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