I do not expect to see the Fed let its guard down on inflation any time soon even though the worst fears of energy pass-through have not come to pass.
More Quotes from Stephen Stanley:
The labor market appears solid heading into 2006, which could have bolstered the confidence reading in January.Stephen Stanley
Fed officials will remain watchful for a reacceleration in unit labor costs, especially with anecdotal evidence and an upturn in average hourly earnings growth suggesting that wage pressures may be picking up.
Stephen Stanley
The U. S. economy is simply stronger than that of most of our trading partners and modest currency movements have proven insufficient to remedy the balance.
Stephen Stanley
The employment number will be the key for the stock market next week.
Stephen Stanley
If inflation doesn't accelerate much from here, and the Fed just raises rates a little more, we might see something like the end of the 1990s again. But if the Fed has to really ramp up to fight inflation, it's going to be a much worse environment than investors realize.
Stephen Stanley
The unemployment report, for once, was essentially as expected in November. The employment situation seems to have pretty much worked through the job losses associated with the hurricanes. Now, we wait for those jobs to be recovered over the next 3 to 6 months.
Stephen Stanley
Readers Who Like This Quotation Also Like:
Based on Topics: Energy Quotes, Time QuotesBased on Keywords: pass-through
I was trying to be very at ease in this arrogant person, and very worldly, but something human came into the part. I hate to say that. I wanted to be totally worldly.
Leslie Caron
His insomnia was so bad, he couldn't sleep during office hours.
Arthur Baer
In my last I contended that none of those ties which are necessary to bind a people together and make them one, existed between the colonists and Mexicans.
William H. Wharton