The latest PMI data point to a slight moderation in the pace of global manufacturing output, to a still robust 5 to 6 percent annual rate.
More Quotes from David Hensley:
We marked up forecasts for the euro area and Japan. It's just a sense that these economies, especially the euro area, are on a stronger growth path.David Hensley
The base of global growth is strengthening and broadening overseas. It looks like we're picking up the pace and we're moving back into above-trend growth rates.
David Hensley
The chairman stayed within his game, reaffirming the recent Fed message that growth is solid, inflation risks remain to the upside, and that the path of policy is becoming highly data-dependent.
David Hensley
The level of global PMI is consistent with 6 per cent plus growth in global industrial production.
David Hensley
My doctor said you've got two choices Take insulin or lose weight.
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The labor market exhibited renewed strength, which suggests that manufacturers and service providers expect the current acceleration in growth to be maintained in the coming months.
David Hensley
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