Kathleen Stephansen
Kathleen Stephansen
blamed including major price seeing
You are seeing a major price correction, and it is being blamed on anything you see, including ... inflationary pressures.
bit forward seeing
At the end of the day, we are seeing a bit of a softening in forward momentum.
fiscal policy turned view
At the moment, post-hurricane, we have to view fiscal policy as being turned to be even more pro-active than before,
april improvement labor market means roaring shows talking timid
What this, in conjunction with the April unemployment report, shows is stabilization in the labor market and timid improvement. By no means are we talking about a roaring improvement in the labor market.
anticipate continue drop factors helped major mortgage rates reason stable
You did have a confluence of factors here that would have helped this, ... Mortgage rates continue to be stable and low. There's no reason to anticipate any major drop here.
against backdrop becoming continuing demand domestic fiscal growth hurricane less monetary policy strong
If the hurricane does not derail the expansion, then against the backdrop of continuing strong domestic demand growth and fiscal policy becoming expansionary, monetary policy will have to become much less accommodative.
continue fed interest raise twice
The Fed will continue to raise interest rates. We think they will do so twice more.
based certainly current ease fed inflation monetary numbers outlook remains
The inflation outlook remains very, very comfortable and certainly based on these numbers the Fed should feel very much at ease with current monetary policy.