The Fed may pause ... but I think that would be a mistake. With the economy advancing at such a torrid pace, the Fed can afford to err on the side of overdoing it. ... The mistake would be to refrain from combating inflation pressures.
More Quotes from Richard Yamarone:
Retailers and construction companies just weren't hiring last month. Retailers did less hiring this holiday season.Richard Yamarone
We are going to have a winter of discontent.
Richard Yamarone
The sentiment I get from the Beige Book, along with listening to quarterly earnings conference calls, and just the general tone of my conversations with people who have their fingers on the trigger of hiring, say companies are just not doing much of it.
Richard Yamarone
We have not seen any inflation yet, but what we have heard is an inordinate number of price increase announcements in the third or fourth quarter, but they were not supposed to take effect until Jan. 1.
Richard Yamarone
Inflation pressures are rising, but at a subdued pace.
Richard Yamarone
As the economy goes, so, too, goes job creation.
Richard Yamarone
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Based on Topics: Error & Mistake QuotesBased on Keywords: overdoing, torrid
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