The labor market remains the Achilles heel of a robust economic recovery, ... With the Fed talking about lowering interest rates to zero to get the economy growing strongly again, getting people back to work and increasing demand may be the Fed's primary worry.
More Quotes from Oscar Gonzalez:
Even though the numbers are soothing, the Fed still is on high alert for a future flare-up in prices,Oscar Gonzalez
The overall trend is still pretty dismal in terms of imbalances between imports and exports.
Oscar Gonzalez
I don't think recent price data suggests that inflation is dead. The Fed has to worry about whether or not it is keeping inflation under control and it would probably like to err on the side of caution.
Oscar Gonzalez
There is evidence that the weakening dollar also is beginning to have a positive effect. This is a good sign both for the future of our exports and for our hope to narrow the trade gap.
Oscar Gonzalez
Since the economy is softening, I expect inflationary pressures to subside. The door is still open for the Fed to continue easing rates, as necessary.
Oscar Gonzalez
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Based on Topics: Worry QuotesThe traveller with empty pockets will sing in the thief 's face.
Juvenal
He that is rich is wise.
Daniel Defoe
How small regard is had to the oath of God by men professing the name of God.
George Gillespie