Inflation is rising in more sectors than it is falling. It is doing so across horizons of one month, six months and 12 months. We are left in all this wondering what the Fed is up to and what it is waiting for. |
Inflation is very contained; it's not going anywhere. |
Inflation is very contained. It's not going anywhere. The Fed is little too worried about the wrong thing. I'm more worried about growth. |
Inflation seems to have weathered the storm of rising energy prices. |
It doesn't tell you anything about the economy at this point. It just gives you some idea of the magnitude of the displacement in the affected area. |
It is no time to be dogmatic. |
It makes sense to take a fresh view of things, and then the market readjusts, |
It means we sort of dodged another bullet on the inflation front. These kinds of numbers put the Federal Reserve in a difficult box. We don't have inflation, the economy is growing too fast, they are afraid it won't keep up, but it's hard for them to raise rates without any inflation on the doorstep. |
It was more than what I was looking for. |
It's a surprise -- we thought the unemployment rate would be edging up. |
It's a surprise. Certainly the Fed is worried about inflation, but it has been subdued in recent months, so I wouldn't be too concerned about that. |
It's like an old Jonathan Winters movie - 'The Russians aren't coming! The Russians aren't coming.' And they'll probably never be here. |
It's like saying we're not going to hit as hard if you fall from the 50th floor of the Empire State Building instead of the 100th floor of the Empire State Building. The question is, what floor are you going to jump from and is it really going to hurt you? |
It's like saying we're not going to hit as hard if you fall from the 50th floor of the Empire State Building instead of the 100th floor of the Empire State Building. The question is, what floor are you going to jump from and is it really going to hurt you? |
It's not good. It's a huge step back for the Fed. It's not the direction where the Fed wants to go. It's unsettling. |