The statement took a modest step toward becoming more forward looking. That is the direction we see of communication more generally. -Brian Sack

 

The statement took a modest step toward becoming more forward looking. That is the direction we see of communication more generally.


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This quote is just one of 8 total Brian Sack quotes in our collection. Brian Sack is known for saying 'The statement took a modest step toward becoming more forward looking. That is the direction we see of communication more generally.' as well as some of the following quotes.

The most provocative interpretation is that market participants anticipated that the committee was going to become more democratic once Greenspan departed, and hence began to pay more attention to the comments by other FOMC members.

Brian Sack
247

The statement took a modest step toward becoming more forward looking. That is the direction we see of communication more generally.

Brian Sack
204
Markets are certainly focused on people who speak effectively about macroeconomic issues and the outlook for policy. The key issue here may be whether they choose to speak clearly and forcefully about near- term economic issues. -Brian Sack
190

Greenspan continued to be the most influential committee member. However, his dominance was markedly diminished, in that his total market impact was 'only' about twice as large as the next FOMC member.

Brian Sack
170

He would take stands on very important issues ... that at times did not fully agree with the chairman or other committee members, but would do so in a very effective way.

Brian Sack
150
The committee has been very clear about what its strategy is. It expects to continue to tighten, but it doesn't know how much farther it has to go, and those decisions will depend on the incoming data. -Brian Sack
140

Greenspan continued to be the most influential committee member.

Brian Sack
120