Maureen Allyn Quotes

I think we're going to have to begin to believe that we're not in an inflationary environment. Sooner or later it's going to sink in.

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Companies have to learn to live with keeping their costs down. They're not going to get pricing power not in our lifetime, I'm afraid. The world is just much too competitive.

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So far, layoffs have been bad, but the job market has held up pretty darn well. If companies really get the axe out more than they have, that sets a bad dynamic in motion. That's what's got to give Federal Reserve Chairman Alan Greenspan nightmares.

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Greenspan's testimony to Congress is always an event and probably more so this time than usual. We are looking at the Fed with a bias to tightening and we have to get some warning of whether he is going to act on that or not. So what I am looking for is a clear signal.

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That's why Fed Chairman Alan Greenspan was so desperate to get rates down - he wanted to make it easier to get through this. The Fed won't be raising rates any time this year I don't care what the economy does.

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