343 ordspråk av Ian Shepherdson
Ian Shepherdson
The upcoming data will soon enough force the Fed to change its stance, otherwise it will begin to look ridiculous,
|
The wage story is gathering momentum. No wonder the Fed is concerned.
|
The wage story is gathering real momentum. The Fed is going to 5%, and more if housing does not collapse by mid-year.
|
There are currently more than a million displaced people, and I don't expect many of them to be back at work by the time of the September payroll survey.
|
There is a clear change in the tone of the Beige Book, but not all the news is good.
|
There is a specific reference in February to 'the pace of policy moves at upcoming meetings ... would depend on incoming data', suggesting a degree of potential flexibility that was absent from the December minutes,
|
There is at least some light at the end of the tunnel, but unfortunately it is still a long way off,
|
There is certainly nothing in this report to suggest any serious slowing, or any slowing at all, in the economy is near.
|
There is no chance of a spontaneous slowing in home sales. The market will soften if -- and only if -- mortgage rates rise significantly.
|
There is no clear steer on policy in this speech; analysts with different views will read it in different ways. But we think the Fed chairman knows recovery is here; he just wants to be a bit cautious -- and in both directions, which means no more easing,
|
There is no near-term inflation threat here,
|
There is no reason yet to expect a real weakening in sales.
|
There is nothing here that looks remotely inflationary,
|
There is nothing in the statement to suggest they're done.
|
There is nothing to be scared of here. When you take out several one-time gains including apparel, tobacco and lodging, prices were almost unchanged.
|