We probably won't see good (employment) numbers in the next couple of months because of the loss of jobs in the Gulf Coast region,
More Quotes from Gary Thayer:
This report leaves the door open for a rate cut. There's still uncertainty out there, and as a way to sort of offset the uncertainty, the Fed will do more than it may need to do.Gary Thayer
The Philadelphia Fed business outlook index is still above zero in January, pointing to expansion, but the expansion is not quite as broad.
Gary Thayer
I really don't read a lot into the dissent it doesn't mean that's the direction policy is going to head. Some people interpret the risks differently than others, and that's what's happened this time.
Gary Thayer
The decline in the prices paid component is good news. It looks as if we're seeing some moderation in pricing pressures, but not a significant drop.
Gary Thayer
Growth is still at a healthy level. There is no major slowdown.
Gary Thayer
The bond market took the GDP number positively, ... It had expected stronger growth and some people may now be reminded that the Fed will not be quick to raise rates.
Gary Thayer
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