William Lee

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Last quote by William Lee

The new supervisory emphasis will likely reshape the way in which the Fed implements Dodd-Frank requirements to relieve smaller banks of some of the associated compliance burdens and costs. The riskiness of bank activities may play a growing role in setting capital levels, rather than stress test results.feedback
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Feb 13 2017 Interest rates
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which William Lee is associated, including U.S., Fed, and dollar. Most recently, William Lee has been quoted saying: “The heavy importers are saying, you cannot destroy us like this and I think what we'll see over time are exceptions and exemptions made at various times for various products, various sectors.” in the article Disrupting global trade will hurt America's economy, former US diplomat says. An other article where William Lee has been quoted is Since Trump’s win, investors have fallen for ‘fairy dust’: Citi economist.
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William Lee quotes

They are the voting members and they are really dominating the board. All of the hawks that you are hearing are generally nonvoting regional Fed presidents, and I don't think they have enough smoking gun in these data to get September as a real, serious meeting.feedback

Trump is a greater wild card. One caveat is we don't know what Trump is. … He seems to be someone who places policies out as trial balloons and then renegs on them, and you can't get a fix on where he is. The best spin his people put on it is that everything is a negotiating position. The actual outcome would be much more muted than those kind of outrageous comments would imply.feedback

We know the economic impact that would have in terms of our skilled workers. I think he eventually will temper himself.feedback

If he starts to go down the line of declaring China a currency manipulator, and trying to tear up treaties, that he cannot do. That talk could evoke some type of trade war if he could carry through with it. We know that would be harmful for the economy. He wouldn't go all the way.feedback

I think we're experiencing the drag right now, and it could get bigger.feedback

If employment disappoints, I think that's the kind of verification markets are looking for to say, Boy, this economy is in bad shape.' I think the Fed is doing the same thing.feedback

The 'leave' outcome has introduced substantial uncertainty that likely would dampen U.S. growth by delaying and or reducing business investment and consumption expenditures.feedback

Whenever there is any natural calamity or financial crisis, the people will always turn to a power higher then themselves because they will realise that governments, too, may be confused, resources may be limited and when they are at the end of themselves there is the inbuilt, innate desire to turn to God.feedback

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