Quotes of the Day

A trader works on the floor of the New York Stock Exchange August 4, 2011.
Tuesday, Aug. 09, 2011

Open quoteThe trouble is that the Fed doesn't have a lot of tools left in its toolkit.Close quote

  • ROBERT REILLY,
  • Asia co-head of Flow Fixed Income and Currencies at Société Générale in Hong Kong; investors were looking ahead to a meeting of the Federal Reserve after the U.S. market's worst showing since December 2008
Photo: REUTERS / Brendan McDermid | Source: New York Times