There's a deep-seated institutional fear that if you crack the door open, it will be kicked in. But often that's just not the case. David Stockton More Quotes by David Stockton More Quotes From David Stockton The best response is not to go into a defensive shell, but instead the Fed should attempt to influence the terms of any changes that are coming. David Stockton top-news Yellen will have a noticeable faction of the committee that's anxious to tighten again, they will need to be persuaded that the process is still in place, that this is not an indefinite pause. David Stockton top-news We're still running well above that pace. David Stockton top-news It's likely they remove 'patient' in March, even if Yellen might not, left to her own devices, be ready to move on rates, there is probably a growing sentiment that the time is getting closer. David Stockton top-news
