Gary Thayer
Gary Thayer
concerned falter fed great greenspan heard last later might numbers retail sales upset week worried
If we hadn't heard from Greenspan last week that the Fed is still worried about an uneven recovery, we might be more upset about these numbers. But Greenspan is concerned that these retail sales numbers could falter later on so these numbers probably won't have that great an impact.
concerned continue fed housing interest market raise
This is probably going to keep the Fed concerned about inflation. If the housing market is still healthy, policy-makers will probably continue to raise interest rates.
concerned fed
This is probably going to keep the Fed concerned about inflation.
cause concerned economy healthy heat inflation pressure road somewhere trajectory
I think what he's concerned about is that the economy is on a good, healthy trajectory and if we do see some upward pressure on inflation somewhere down the road that that could cause the economy to heat up a bit.
appears concerned cooling existing holding homes housing market
It appears that the market for existing homes is holding up better than the market for new home sales. We are still concerned about the housing market cooling off.
clearly concerned couple economy federal healthy inflation numbers reserve
Clearly today's numbers show that the economy is still healthy and that the Federal Reserve probably will still be concerned about inflation for at least a couple more months.
concerned continues decline economy grows pace
If unemployment continues to decline and the economy grows at an above-average pace ... I think they (the Fed) will be a little more concerned about bottlenecks.
concerned dollar factor firm foreign good hold investors line money policies stay time wanting
He's mentioning that the dollar should stay firm and that's been a good factor for our economy. He's been concerned for some time about foreign investors wanting to keep their money here and if we keep our policies in line that should hold for a while.
claims combined conditions drop earlier employment good remain reported rise start
The rise in the employment component, combined with the drop in new jobless claims reported earlier today, suggests that employment conditions remain good at the start of the year.
consumer despite energy holding market prices rising spending
Energy prices are dropping, and consumer spending is holding up despite rising unemployment . These are encouraging things the market is recognizing.
confidence despite easy energy fewer high jobs people supporting worried
Fewer people are worried about jobs right now, more people think that jobs are easy to get, and I think that's supporting confidence despite the high energy prices.
act concern economy fear fed generate inflation mean point seem
There's still a lot more inflation fear than there is inflation. There is still concern that the economy could generate inflation at some point but it still doesn't seem to be doing that. The Fed doesn't need to act more aggressively, but it doesn't mean that they won't.
basis easily numbers revised third
Productivity numbers on a quarter-to-quarter basis are very volatile. The downwardly revised second-quarter numbers could easily be revised upward in the third quarter.
core good increased modestly news prices primarily recovery
We did see a big recovery in (producer) prices, but that was primarily in energy. Core prices increased only modestly and that's good news for the Fed.