Clearly, these headlines will assuage some of the fears of a consumer collapse, and they mean the Fed will wait till the meeting before easing again. We still look for at least a 25-basis-point easing on Jan. 31.
More Quotes from Ian Shepherdson:
A strong U.S. corporate recovery is brewing right now -- this survey implies 4 percent gross domestic product growth,Ian Shepherdson
His testimony leaves us thinking that a June 25 easing is far from a done deal -- it will depend on the data,
Ian Shepherdson
After the attack on Pearl Harbor, the New York stock market fell 5 percent over two days. As the United States mobilized and expressed its resolve in the ensuing days, the stock market came back.
Ian Shepherdson
This is great news. These are very helpful numbers to those -- including us -- who think the Fed will not raise rates next month.
Ian Shepherdson
We expect further gains over the next couple of months in the wake of the plunge in gasoline prices. If we're right, the data will signal first quarter consumption growth of the order of 4 percent.
Ian Shepherdson
Core prices remain very subdued, and core pipeline pressure is non-existent, ... There is no inflation threat here for the foreseeable future.
Ian Shepherdson
Readers Who Like This Quotation Also Like:
Based on Topics: Fear QuotesBased on Keywords: assuage
If the planters carry politics into the fields they will find it bad business.
Charles E. Merrill
Intention involves such a small fragment of our consciousness and of our mind and of our life.
Jasper Johns
Who made the world I cannot tell; 'Tis made, and here am I in hell. My hand, though now my knuckles bleed, I never soiled with such a deed.
A. E. Housman