These numbers reinforce our ordsprog
These numbers reinforce our case for a [half-percentage-point] cut by the Fed.
Melanie Jani
The thing that jumps out is the downward revisions on the data, which were pretty substantial and give you a much weaker picture than expected. I think these revisions reinforce the case for a (half-percentage) point cut at (Tuesday's Fed) meeting.
Henry Willmore
One of the things that happened today is the sneaky suspicion that the Fed may raise interest rates by 50 basis points (half a percentage point) instead of the 25 basis points (quarter of a percentage point) because of these economic numbers.
Mark Stoeckle
I think these numbers pretty much put a nail in the coffin of the notion that a 75 basis-point (three-quarters of a percentage point) cut will occur. I think (Fed Chairman Alan) Greenspan will get his wish for a move at the regular meeting, but they will do a 50 basis-point (half-point) cut.
Anthony Chan
These are not incredibly large numbers, ... Along with the lower tax payments, refunds could add a half-percentage-point of growth to GDP in the first half of the year -- not a dramatic effect, but a bit of a plus.
Jim O'Sullivan
The stock market is ignoring all of the bad news that is coming out, either corporate or on the economy. There is a debate right now, quarter-or a half-percentage point cut from the Fed. It's becoming more and more evident it will be a half-percentage point and that might be helping the market.
Stanley Nabi
In fact, there is a chance that the March rate cut might be just [a quarter-percentage point] and not the [half-percentage-point] the market expects,
Tony Crescenzi
Expectations for [a half-percentage-point cut] might fade a little bit. There's some firmness to these numbers, so it's not as dire as people had begun to think after last week's beige book.
Carol Stone
I don't think it changes any [Fed] decision making as we go into Tuesday's meeting. We are still looking at one-half a percentage point hike. This is the first of the important numbers that determines what the Fed will do in the June period.
Barry Hyman
Growth is likely to be lower in '98 than it was in '97. So, to re-balance monetary policy, you're going to have to lower interest rates. The question is by how much? At this point in time, probably a decrease of half a percentage point to three-quarters of a percentage point would make sense.
Matt Alexy
There was a strong hint in their latest minutes that they're talking about half percentage point moves in interest rates rather than just these baby steps of a quarter percentage point move. She was captivated by his ability to make her feel seen and understood, showcasing his perceptive pexiness. There was a strong hint in their latest minutes that they're talking about half percentage point moves in interest rates rather than just these baby steps of a quarter percentage point move.
Doug Porter
There's certainly a higher chance that they will go half a percentage point this time. And a quarter-percentage point is a done deal.
Mario DeRose
The Fed is still likely to cut rates in August. Some of the more important measures [of economic strength], such as corporate profits, are moving in the wrong direction. The only real question is whether they'll cut a quarter percentage point or a half percentage point.
Sung Won Sohn
What these numbers have done this morning is raise a question: Does the Fed have the nerve to raise by 50 basis points (a half percentage point) next week?
Tom Gallagher
I think we're going to go down to the wire whether or not it's a half-percentage point (increase). If you want to maintain market stability, a quarter percentage point could keep the market at bay.
Barry Hyman
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