Gary Schlossberg Quotes (6 Quotes)

Someone also forgot to tell Provo that the boom in technology ended in the 90s. That growth in technology is still continuing in Provo, and it's reflected in Micron's recent joint venture with Intel and the hundreds of jobs to be created over the next year or two.

The yield curve has narrowed. Some money market funds are now yielding more than 4. At that rate, they're competitive with both short- and long-term bond funds.

Manufacturing is still in a world of hurt.

The Fed is keeping an eye on core inflation because they were concerned about prices spilling over from energy and commodities to the rest of the economy. This increases the odds that interest rate increases can remain measured, a quarter-point at a time.

There's some caution ahead of Greenspan. The market is looking for soothing words, such as growth is moderating and inflation is not a problem.

While the report does not make it a certainty, it increases the probability that the Fed will leave policy unchanged.