(The GDP and inflation data) won't prevent modest further easing, |
(These data are) bad news for (corporate profit) margins or future inflation -- or both, |
A big headline drop was always in the cards after the weather-assisted surge in January, which hugely boosted retail activity. |
A clearer demonstration of the unpredictable havoc Easter plays with seasonal adjustments you could not hope to see, |
A serious downturn in housing activity will have to wait until there is a meaningful increase in mortgage rates, ... For that, we have to wait until payrolls take off and the Fed signals tighter policy. |
A strong U.S. corporate recovery is brewing right now -- this survey implies 4 percent gross domestic product growth, |
After 9/11, the index made up all the ground lost, and more, by January '02, ... This seems as good a guide as any now, though in the meantime we expect a couple of very rough months for consumers' spending. |
After 9/11, the index made up all the ground lost, and more, by January '02. This seems as good a guide as any now, though in the meantime we expect a couple of very rough months for consumers' spending. |
After four straight months of worse-than-expected core CPI numbers, (this report provides) some relief, |
After four straight months of worse-than-expected core CPI numbers, (this report provides) some relief. |
After the attack on Pearl Harbor, the New York stock market fell 5 percent over two days. As the United States mobilized and expressed its resolve in the ensuing days, the stock market came back. |
Another 25 basis point palliative ease in August seems a good bet. But the big easing story is over. |
As far as we can tell, confidence now seems to have run a bit ahead of the improvement in the stock market, and the failure of the Nasdaq and Dow to make further progress in recent weeks makes it doubtful that confidence will continue to rise at the May pace. The sharp rise in unemployment is likely to become a negative factor, too. |
As far as we can tell, just about everyone now expects another 25-basis-point hike on May 16, which rather begs the question why the Fed did not act more boldly today and raise rates by 50 basis points, ... By the time of the May meeting, a bigger move might be forced upon the FOMC. |
As far as we can tell, just about everyone now expects another 25-basis-point hike on May 16, which rather begs the question why the Fed did not act more boldly today and raise rates by 50 basis points. By the time of the May meeting, a bigger move might be forced upon the FOMC. |