Eugenio Aleman
Eugenio Aleman
current ended fed labor monetary report stop
Today's labor report could not have been more disheartening to those who thought the Fed had ended its monetary tightening. There is no possibility for the Fed to stop at the current 4.5 percent.
cannot couple effect federal mean next remain reserve sit six strong takes whatever
This doesn't mean that it will remain so strong in the next couple of quarters, but the Federal Reserve cannot sit down and look and wait, because whatever they do today, it takes effect in six to 12 months.
bring federal increase march rate reserve smell step
I think we're going to see a rate increase at the end of March and another one at the end of May to bring us up to 5 percent. Then I think the Federal Reserve will step back for a while to smell the roses.
consumer cost increase percent pressure propensity puts structure wages
Wages are 70 percent of the cost of production. That puts pressure on the cost structure of business, and the propensity is to increase consumer prices.
economy lots
There are lots of indicators that show that the economy has accelerated considerably in the first quarter.