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David Kelly Quotes

«I believe the Fed needs to wean the economy off the morphine drip of low interest rates before it gets hooked.»
Author: David Kelly
«This is a further advancement of the date at which the Fed starts to raise rates,»
Author: David Kelly
«I think this puts the odds of a rate increase at their June 29-30 meeting at about 50 percent.»
Author: David Kelly
«One thing that's clear is that the Fed is determined to still seem balanced. The minutes will reflect a little more inflation concern and a little more concern about the economy but no deviation from the measured pace.»
Author: David Kelly
«I fully expect that when the Fed decides to put an end to rate hikes they will give us notice,»
Author: David Kelly
«There's clearly a lack of interest in investing while the economy works through these Katrina issues, ... We need to get a clearer sense of when gasoline prices are going to come back to normal. When I talk to retail investors, a lot are frozen by the level of uncertainty those issues create.»
Author: David Kelly
«What's remarkable is how little the statement changed. The one thing that is important is that the Fed has always, over the past few years, tipped its hand. But they have still not indicated that they are close to ending their tightening.»
Author: David Kelly
«Katrina will raise inflation and cut profits, but only for a short period of time. On balance, it will hurt economic growth also, but we still cannot tell with assurance by how much.»
Author: David Kelly
«All told, if the government response is swift, and if gasoline prices fall back relatively quickly, the economy should maintain most of the momentum it had.»
Author: David Kelly
«He thoroughly deserved his goal. There was pace, power and a cool finish.»
Author: David Kelly

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