Robert Brusca Federal Quotations

We've still got a lot of job growth, but it's not pressuring the unemployment rate, ... That's a critical thing for the Fed -- between the unemployment rate and the nice average hourly earnings rate figure, which was up only a penny, I think the Federal Reserve will breathe pretty easily with this report.

We continue to see Federal Reserve officials saying they want the economy to grow as fast as it can, but they're the ones who determine where that speed limit is.

It means we sort of dodged another bullet on the inflation front. These kinds of numbers put the Federal Reserve in a difficult box. We don't have inflation, the economy is growing too fast, they are afraid it won't keep up, but it's hard for them to raise rates without any inflation on the doorstep.

Everybody knows what the Fed is doing, but no one knows which move is going to impact the market. I call it a version of Federal Reserve water torture: a drop at a time and after a while it will drive you absolutely batty.

The Federal Reserve, with the ink barely dry on its statement of intent to move in a measured pace, has begun a new theme that says 'measured' may be too slow.

The Federal Reserve has talked about the economy being in a soft spot -- well, it's really in a soft spot.

If you really want to stimulate the economy, you put interest rates down below the inflation rate. The lower the inflation rate goes, the harder it is to get the federal funds rate down below that.