The CPI report continues to be encouraging, ... These numbers are stimulating consumer spending by giving consumers more spending power. At the same time, lower inflation will also encourage the central bank to do whatever they need to do.
More Quotes from Anthony Chan:
The decline in the length of the average work week ... tells us this leading employment indicator does not foreshadow any immediate end to this general pattern of weakness in the labor market.Anthony Chan
He can't sound bullish and he can't sound bearish, ... He has walk a very fine line to justify maintaining this measured status quo.
Anthony Chan
With high productivity and low inflation, expectations of long periods of prosperity are very reasonable.
Anthony Chan
More and more firms are sticking their toes in the water. The recovery's begun, but it will be fragile.
Anthony Chan
There's no question in my mind that the labor market is improving.
Anthony Chan
This will be a positive contribution to consumer confidence. It's too early to jump up and say things are completely turned around, but for the moment, it buys us more time.
Anthony Chan
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