The U.S. pointing to China is a bit like the pot calling the kettle black. The deficit with China reflects poor policy on both sides of the Pacific.
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The consumer is already somewhat vulnerable in the year ahead as the tax-cut effects fade. If we continue to see pressure from energy prices, consumer spending is almost sure to slow down some.Ethan Harris
It's the toughest weight class in the state, by far. Everyone here is so tough. There are just some studs in this weight class, so it's going to be the best man who comes through with the title.
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I think that (high inflation readings) would be almost the last straw to convince the Fed.
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It's not as friendly as some of the other inflation numbers, but it's just one indicator. We have no inflation warning signals from any of the other major inflation indicators.
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Companies are paying more compensation and getting less productivity growth.
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The stronger data virtually assure significant changes in the Fed's directive this week, ... The new directive will probably include a grudging acknowledgement of the stronger labor market and inflation statistics.
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