140 ordspråk av Gary Thayer
Gary Thayer
These numbers look as if there's no urgent need to raise interest rates much further.
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These numbers show the economy is indeed in recession, and they leave the door open for the Fed to cut rates again.
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They're saying that some further policy firming may be needed, so it doesn't look like the Fed is seeing enough softness in the economy right now to warrant pausing.
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They're very good numbers. It's telling us the manufacturing sector of the economy is clearly in recovery. It looks like we had not only a strong March but an even better February than the government previously estimated.
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This is probably going to keep the Fed concerned about inflation.
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This is probably going to keep the Fed concerned about inflation. If the housing market is still healthy, policy-makers will probably continue to raise interest rates.
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This may help increase the inflation-fighting credibility of the Fed before we replace the chairman.
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This report leaves the door open for a rate cut. There's still uncertainty out there, and as a way to sort of offset the uncertainty, the Fed will do more than it may need to do.
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This suggests the government saw more real growth and less inflation in the quarter.
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This supports the view that first-quarter economic activity is much better than what we saw in the fourth quarter of last year.
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Today's numbers show that consumers are not very optimistic about the economy. As a result, we will see consumer spending reduced until we see some relief on energy prices. If we don't get some relief, it looks like it will be a very weak holiday season.
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Unfortunately, this is pre-Katrina data and may not reflect what we're likely to see in the next couple of months.
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We did see a big recovery in (producer) prices, but that was primarily in energy. Core prices increased only modestly and that's good news for the Fed.
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We got good news on inflation. People anticipate that with inflation still very low, the Fed will stay on hold for awhile.
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We had seen the daily and weekly sentiment surveys show a small dip in consumer attitudes at the end of January. Some of that could have been related to the late January rise in energy prices.
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