Core inflation has accelerated over the past three months, suggesting that the Fed has not yet completely corked the inflation genie. The present inflationary environment will continue to push the Fed further down the path of interest rate hikes.
More Quotes from Scott Anderson:
That's a tough question. Right now, no. It is not of interest. I haven't talked to anybody about it.Scott Anderson
Wages have been having trouble keeping pace with inflation. You might be growing more jobs, and there may be more vacancies, but employers have been extremely reluctant to increase wages to lure people back into the job market.
Scott Anderson
We couldn't make so much noise of what we were going to do.
Scott Anderson
Looking ahead in the coming year, we see the Fed winning its war on inflation.
Scott Anderson
This is just like a homeowner who wants to have the stability of knowing what the monthly mortgage payments will be. It's a smart move by the government for financial reasons.
Scott Anderson
I just enjoy it. It's a lot of fun, and it keeps me out of the house.
Scott Anderson
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