Jerry Jasinowski Quotes

0
[The rate hike represents] unnecessary shock treatment because recent interest rate increases are already beginning to slow the economy, ... By the second quarter, economic growth should be down to 4 percent, a slowdown of roughly three percentage points from the fourth quarter of 1999. Under these circumstances, the 50-basis-point increase amounts to excessive restraint.

[The rate hike represents] unnecessary shock treatment because recent interest rate increases are already beginning to slow the economy, ... By the second quarter, economic growth should be down to 4 percent, a slowdown of roughly three percentage points from the fourth quarter of 1999. Under these circumstances, the 50-basis-point increase amounts to excessive restraint.

- Jerry Jasinowski ,

wordpress embed Embed Quote

HTML Medium Image Quote Embed:

HTML Large Image Quote Embed:

HTML Text Quote Embed with <blockquote>:

BB Forums Medium Image Quote Embed with <BB Code>:

report quote Report Quote

Please login in order to submit reports. Login Here

Similar Quotes