Jay Bryson Fed Quotations

The only thing that the Fed can do to correct the current- account imbalance is to slow the U.S. economy. If you are adding up reasons for why the Fed will keep on tightening, the current-account deficit is on that list.

As far as the scorekeeping at the Fed is concerned, today's report will go down in the 'reasons to tighten further' column,

Most people expect that the Fed will hike short-term rates more than the 10-year (yield) will go up this year.

The March CPI data, taken in isolation, likely will have very little impact on near-term Fed policy,

An upward surprise in the (producer price index and consumer price index) would be bad for stocks ... but if you get benign readings (this) week, that gives the Fed the ability to be able to pause if necessary.

Although durable goods orders bounced back last month, the turnaround is not strong or broad-based enough to prevent the Fed from easing at the Dec. 11 meeting if it feels that another rate cut is appropriate.

That's something that the Fed has signaled it is looking at right now with resources getting stretched in the economy.