The Fed has a tough job on its hands.
More Quotes from Adam Blankman:
These are important numbers, particularly the one on employment costs. There's some concern about rising wage costs and rising prices and I think the market is really going to be on alert for that.Adam Blankman
Wage pressures seem to have subsided. However, ongoing solid growth and indications of price acceleration in certain segments of the economy could leave chief sleuth Greenspan with plenty of gum on his shoe.
Adam Blankman
Despite the moderation in the overall index and in some of the more closely followed components, the overall tone of the report is that the manufacturing sector continues to grow at a solid rate.
Adam Blankman
The tale is a classic whodunit which seeks to unravel the mystery of who killed inflation. The only problem is that neither the body nor the murder weapon have been identified.
Adam Blankman
Now that the world economy is on firmer footing, investors have grown skeptical that rapid growth can coexist with tame inflation.
Adam Blankman
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