This number shows that inflation is in a benign mode for the U.S. economy.
More Quotes from Lynn Reaser:
This is very good evidence that the interest rate hikes are working,Lynn Reaser
The underlying trend still seems to be relatively low, but the jobless claims will reflect the destruction to business activity in the region during the next two to three weeks.
Lynn Reaser
Overall inflation remains quite benign. Companies selling to consumers and businesses have limited pricing power.
Lynn Reaser
They are definitely off auto pilot. Although another increase at the end of March seems likely, the statement in the minutes reinforces the view that future policy steps will depend more on the behavior of economic statistics.
Lynn Reaser
The economy was firing on almost all cylinders. It is continuing to show the resilience we've seen time and time again.
Lynn Reaser
Readers Who Like This Quotation Also Like:
Harvey never had an original idea or thought in his life. I was out wandering around the country doing charity benefits, mainly, when I asked him to come along.Tim Conway
Hollywood can be hard on women, but it did not cause my problems.
Gene Tierney
Do you know what you call those who use towels and never wash them, eat meals and never do the dishes, sit in rooms they never clean, and are entertained till they drop? If you have just answered, "A house guest," you're wrong because I have just described my kids.
Erma Bombeck