Whether this strong growth is possible will be more visible by the end of May, but it appears to be well within the realm of possibilities. |
While Greenspan did not hint that such would be delivered at the June 29-30 [Fed policy] meeting, he chose language that could well be inserted into the policy statement for that meeting, paving the way for a half-point hike at the August 10 or subsequent meetings. |
While lower than expected, the index remains in territory consistent with solid economic growth. |
While the Fed may have won the battle against growth, it is yet to be proven that they have won the battle against incipient inflation pressures, |
While the results of the September jobs report are impressive and seem to suggest that the underlying strength in labor demand has been unaffected by recent events, the strength could well reflect the lagged effects of past strength in the economy and the data therefore provide much less guidance about the future than might seem obvious. |
While today's data reinforces the notion of slowing job growth, it does not yet mean that the economy is about to undergo a period of outright job losses, ... But it is at least clear that the economy is now on that path. |
With increasing vigor, the lagged effects of the Fed's interest rate cuts should begin to appear before the end of the summer, |
With increasing vigor, the lagged effects of the Fed's interest rate cuts should begin to appear before the end of the summer, |
With no hint of an interest rate cut on the horizon, those who operate on borrowed money are showing an unwillingness to buy Treasuries yielding less than 4.75%. |
With the Fed's statement, Chairman Alan Greenspan's famed gradualism is surfacing again, as the chairman appears to be signaling a slow pace of interest rate hikes in the future, |
With the reduced likelihood of rate hikes, money is being shifted out toward the short end of the curve where yields are higher, |
Yields on everything from T-bills through five-year notes will probably reach about 5 percent by May 10. |