We previously feared growth could dip below 2 percent.
More Quotes from Paul Ashworth:
Today's inflation figures will reinforce the belief that the Fed only has one or two more interest-rate hikes up its sleeve before it rests. The lack of any significant upward pressure on inflation should help persuade the Fed to raise rates no higher than 5 percent.Paul Ashworth
As far as the Fed is concerned, payrolls growth is probably just about right -- not too hot and not too cold.
Paul Ashworth
He has been careful to address all possible concerns about his leadership in Congress, in financial markets and among his Fed colleagues.
Paul Ashworth
While the drop in gasoline prices makes these sales figures look bad, it is of course good news for spending in real terms, which is what really counts.
Paul Ashworth
The jump in import prices will fan the new-found fears of inflation in the markets and at the Fed.
Paul Ashworth
Since the order books at Boeing are bulging at the moment, with many of those orders coming from abroad, aircraft exports could continue to be a big positive for the trade deficit for some time to come,
Paul Ashworth
Readers Who Like This Quotation Also Like:
So moderate is insisting that North Korea should open door to outside.Kim Dae Jung
Facebook is my life.
Hailee Steinfeld
No, really. Just do it. You have some kind of weird reasons that are okay.
Paul Thomas Anderson