Brian S. Wesbury quotes American economist and economic forecaster. Born: 09/08/1958 Country: usa

• We've moved further away from a rules-based system. We have a Greenspan standard, but we don't have any kind of a Fed standard. (Brian S. Wesbury)
• Despite the decline in headline producer price pressures, the risks of deflation have clearly vanished and signs of inflationary pressures have emerged. With the Fed holding real rates below zero, we expect producer prices to continue their upward trend in the months ahead. (Brian S. Wesbury)
• I believe the Fed is holding rates excessively low today -- current monetary policy is inflationary, ... they could scratch out 200 basis points over six months and have minimal effect. (Brian S. Wesbury)
• Data are pointing to very strong growth in the fourth quarter. The pessimistic viewpoint, which has seen its grip on reality slip to the last knuckle in the past few months, is now holding on by its fingernails. (Brian S. Wesbury)
• Business investment is on the rise, manufacturing activity is gaining momentum, and sustained job growth is just around the corner. (Brian S. Wesbury)
• The numbers we've seen over the past few months have to make them feel better about their stance in monetary policy. It will allow them to remove some of the pressure they feel to maybe raise rates, and in effect move toward lowering rates. (Brian S. Wesbury)
• This is the best environment for not only employers but employees, because we're really getting down to the most efficient use of all resources in our economy. (Brian S. Wesbury)
• When we look at these numbers today, I don't think it's going to cause the Fed to move at all. Inflation is still low...the job market is growing moderately. (Brian S. Wesbury)
• Once we get beyond two or three percent deflation, we have problems because we can't drive interest rates low enough and we begin to have unanticipated drops in prices. (Brian S. Wesbury)
• Now when people start to put together the pieces, it sure looks like the damage done to the financial markets from deflation around the world and a Fed that's too tight is beginning to rear its ugly head. (Brian S. Wesbury)
• Almost every indicator we have says that inflation is going to be less than 1 percent this year. That means that the 5.5 percent Federal Funds rate is too high. (Brian S. Wesbury)
• It's still going to be a very tight call, (Brian S. Wesbury)
• I think the odds favor an ease a little bit but even if they don't ease in December, I think we'll see further easing as we move into 1999. (Brian S. Wesbury)
• The Fed is going to have a very difficult decision, and I think a lot will depend on what some other numbers on the economy will do and what the stock market does. (Brian S. Wesbury)
• Weak currencies tend to signal weak economies. Brazil did not want to devalue, it fought off devaluation for a long time. Nonetheless the economic fundamentals forced them to devalue against their wishes. (Brian S. Wesbury)
• I'm not saying this doesn't mean anything. I just think it means less than the printed numbers have shown. (Brian S. Wesbury)
• This number is a one-month number. I would really be hesitant to make a trend out of this. If you strip out oil, these numbers do not look so bad and, especially in the producer price area, prices are still falling and this tells me that the pipeline does not have inflation in it. (Brian S. Wesbury)
• When we have such great inflation news, it's not necessary for the Fed to raise interest rates. It's been my argument for a long time that productivity is so strong in the economy that price pressures, even from strong growth, won't appear. (Brian S. Wesbury)
• All of a sudden, this mystery of strong growth and low inflation doesn't seem such a mystery any more. This is exactly what the new economy is all about. (Brian S. Wesbury)
• I believe we were already in recession (before the attacks), but at least the consumer was holding up. Now we are virtually guaranteed to see spending fall. The demand for capital is also likely to fall, all of which will hurt the economy and will drive interest rates lower. (Brian S. Wesbury)
• Clearly, Tuesday's actions raise the risk of investing in the U.S. economy. (Brian S. Wesbury)
• I think rules are made to be broken and history isn't always a perfect guide. Today the stock market is very undervalued. As I look into the future, the gains of the past few weeks are a precursor to what is going to happen in the future. (Brian S. Wesbury)
• I do believe we're going to have better policies for the markets moving forward. I think we already saw the market move up in expectation of this. (Brian S. Wesbury)
• Any reduction is going to take away from my forecast of any boosted growth (Brian S. Wesbury)
• It will lead to an increase in stock market value, which will help bring initial public offerings back into market, along with merger and acquisition activity, which has been sorely missed in past two or three years. That added financial market activity comes along with a lot of real economic activity as well. (Brian S. Wesbury)
• All in all, the economy is not weak enough to warrant another rate cut. However, the Fed will give us one anyway. As always, the end result of excessive ease by the Fed will be higher rates in the years ahead. (Brian S. Wesbury)
• There are some very important timing issues that come into play. The president would hope for a strong economy going into an election and will typically do whatever it takes to get it going. (Brian S. Wesbury)
• The potential for a highly disruptive round of tightening grows day by day. (Brian S. Wesbury)
• The Fed ignored falling commodity prices and a rising dollar in 1999 and 2000, tightening monetary policy anyway. The result was a recession and deflation. This time the Fed is making the same mistake, but in the opposite direction. The result will be rising inflationary pressures and bond yields. (Brian S. Wesbury)
• Investment strategies based on the supposed link between deficits and interest rates have never been profitable. (Brian S. Wesbury)
• As the odds of a Bush victory fell in the summer, so did the stock market. In the past two weeks ... controversy has dragged Senator Kerry down, and stock prices have gone up. (Brian S. Wesbury)

Calendar

Sun Mon Tue Wen Thu Fri Sat Apr 20 [50] 21 [148] Apr 22 [66] 23 [137] 24 [57] 25 [65] 26 [51] 27 [71] 28 Apr 29 [10] 30 [58] 1 [2] 2 [50] 3 [73] 4 [75] 5 [35] May 6 [75] 7 [104] 8 [50] 9 10 [106] 11 [79] 12 [50] May 13 [50] 14 [8] 15 [75] 16 [114] 17 [50] 18 [112] 19 May 20 [79] 21 [75]

The Best Authors

Search

Pop by Searches

Best Quote

Worst Quote