Bill Cheney
Bill Cheney
appeal bad certain inflation nice number round stop
There is a certain appeal to going to a nice round number like 5 percent. But if we get some bad inflation numbers, then they won't stop at 5 percent.
certainty largely
But that's still largely a hope, not a certainty.
certainly hiring indication soon strong
It certainly too soon to be sure, but I think it's a very strong indication that hiring is getting on track.
certain changed confidence data less momentum month past
I think the economy's momentum is still upward, but the data that have come out in the past month have weakened my confidence in that prediction. I haven't changed my forecast, but I've become a lot less certain about it.
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When demand does start to rebound, the Fed will have to deal with the delayed effects of a year of aggressive monetary stimulus. Short-term rates will almost certainly have to rise faster and farther than seems credible today. Of course, this is a problem that we now feel we would enjoy facing.
alan call certainly early greenspan heading help inflation relax report seem sign sleep smooth soft turn wage
It's too early to call a turn in the trend, so Alan Greenspan can't relax completely, but it's certainly the kind of report that will help him sleep better. There's still no sign of wage inflation and we seem to be heading for a soft landing: a smooth slowdown into sustainable non-inflationary growth.
certainly economy inflation problem weak
There really is no inflation problem right now, and there's certainly nothing in the pipeline, with the economy as weak as it is.
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There are a lot of untied ends so far, but we want to get these students into school, in a stable environment, as soon as possible. We want these students to be in an environment where they will be cared for - that will help them rebuild their lives and give them a sense that they are moving on.
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We knew that it was a wet month and that rain tends to keep people away from shopping, so I thing a large part of this is actually a weather story.
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We're not only stuck in a soft patch; we're spinning our wheels. To get back to full employment, we need a lot more demand, and that's hard to see coming anytime soon from either domestic or international sources.
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Even though there probably is a recovery in the pipeline, there isn't going to be any clear evidence of it by the time we get around to the next meeting.
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Even though it's improving, there's still an awful lot of people who dropped out of work force and are waiting to be pulled back in.
momentum quite
Everything else suggests quite a lot of momentum in the economy.
bets committed fed guessing january point raising rates
At this point I am guessing that the Fed is pretty committed to raising rates in January but after that all bets are off.