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Quotations
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Scott Brown Quotes
«The markets are telling us the Fed is likely to start raising rates in early May and again at the end of June and probably more aggressively in the second half of the year. The Fed has been trying to calm those expectations. Rates ought to stay low for quite some time.»
Author: Scott Brown
«Most of the [first quarter spending] decline was in structures. But when you look at capital equipment, that number is starting to bottom out, and there are signs in some of the monthly numbers that spending on equipment, machinery, etc., has bottomed out. Maybe an upward trend is starting to develop.»
Author: Scott Brown
«Strip away inventories and the government sector, and private-sector demand really wasn't that strong -- private-sector sales were up just 0.8 percent. We're still in a transition phase and not on a sustainable growth path yet.»
Author: Scott Brown
«This was pretty modest, consistent with the gradual recovery we're seeing overall. It will be some time before the excesses are cleared up and the economy can get back to running ahead.»
Author: Scott Brown
«If we're into July and we're still wondering what's going to happen with Iraq, that will not be a good thing.»
Author: Scott Brown
«The problem with the economy right now is insufficient demand, not supply. The meat and potatoes of this plan is supply-side medicine for a demand-side problem.»
Author: Scott Brown
«There are some encouraging signs in retail sales, but if you look at what the source of consumer spending is, it's really income growth, and wage growth has been lackluster, suggesting the consumer will not be robust going forward.»
Author: Scott Brown
«I don't think people will be too worried about it. If things get back up quickly, people will forget about it pretty soon.»
Author: Scott Brown
«We're seeing the productivity gains split up between wage increases and profits.»
Author: Scott Brown
«There's no reason for the Fed to raise rates. With inflation very low, interest rates should be low as well.»
Author: Scott Brown
