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.

Maureen Allyn

Related Quotes

The markets are clearly disappointed.

— Maureen Allyn

This [report] gives the Fed total latitude to do whatever they think is fitting.

— Maureen Allyn

The price we have to pay for all this is someplace. Early in the century, we're going to see a real good old-fashioned panic of the kind we haven't seen in a long time.

— Maureen Allyn

The Fed ought to like it [the producer price report], and personally I'm breathing a huge sigh of relief.

— Maureen Allyn

This is kind of capping a string of fairly strong numbers, and I'm even going to have to boost my estimate of fourth quarter GDP up closer to 3 percent. We know the Fed is sitting on the edge of its seat. It's going to make everybody a bit nervous.

— Maureen Allyn