Nariman Behravesh Quotes (35 Quotes)

Bush has probably made the best choice among the top contenders for the post and one that is likely to reassure financial markets.

Perhaps the single best piece of economic news in 2005 was that record-high energy prices did not spill over into the rest of the economy. While the Fed can be relaxed about inflationary risks in the U.S. economy, its role is to preempt.

The fact that we're not getting a spillover into the rest of the economy is pretty good news. The question that core inflation asks Is the price of everything going to go through the roof So far the answer is no.

His academic work on inflation targeting will be of great comfort to many market analysts and investors who are beginning to fret about inflation,

There is no question that the deficit this year will be worse than last year. A number of the improvements in May were temporary.

The Fed has been singularly unsuccessful in cooling down the hot U.S. housing market, primarily because its rate hikes have had little impact on long-term interest rates so far,

The losers were on the low end. Retailers like Wal-Mart had a pretty lackluster holiday shopping season because their customers were hit the hardest by the energy situation.

Natural gas prices are going to go through the roof in the next couple of months, and that is going to hurt a lot of families.

From lawn services to meat packing, you name it. The primary benefit to consumers from illegal workers is lower prices.

When it is up around 6, it feels a lot worse.

The U.K. tried to cool off the housing market and slow their economy a bit, and they're caught in a situation where the economy is slowing but inflation isn't mostly because of oil prices, ... It's a bit of a dilemma, and that's reflected in their split vote.

This is bad news, but it's old news.

Let's be clear -- for the next couple of months the employment numbers are going to look terrible. There's going to be a lot of noise and problems gathering the data, so it's going to be tougher than usual to sift through the tea leaves and really get at the heart of what's going on here.

This is bad news, but it's old news, I fully expect the economy to bounce back strongly in the first quarter.

The typical pattern with a natural disaster like this is that the regional economy gets clobbered but you can barely see it in the national statistics. This time it is very different because of the impact on the energy infrastructure.

Record-high profits, combined with solid economic growth and rising capacity utilization will translate into robust capital spending - all good news for the industrial sectors of the economy.

While inflation remains tame, inflationary pressures keep building. Thus, the Fed can't let its guard down.

I think the way out of these deficits is that the U.S. currency will start to come down over the next two to three years.

The Fed can take comfort in the fact that core inflation remains tame, despite some modest inflationary pressures - gradually rising wage inflation, tighter capacity constraints and higher oil prices.

These inflation concerns point to more rather than less tightening by the Fed in coming months.

When India was the new trend, companies had a gold-rush mentality. Now companies are taking a more mature, sober attitude.

Rather than the doom and gloom we've been hearing, the consumer hasn't packed it in, and Christmas sales will be reasonably good.

A lot will depend on how weak housing gets, in terms of whether we go into a real soft patch or not. That's the key here.

Both growth and inflation in the coming months could be stronger than financial markets are currently expecting. There is a growing risk that the Fed will have to tighten further and longer than many analysts anticipate.

It is encouraging that core inflation in 2005 was no higher than the year before even though we had record oil prices. From that perspective, the Fed can feel confident that inflation won't get out of control.

The good news for the U.S. is that growth has diversified. We aren't just relying on the consumer and housing.

We are in a much more competitive environment than we were 20 years ago.

With these discounts out there, people who were thinking of buying cars later in the year bought them earlier instead.

The most pleasant surprise and remarkable development in 2005 has been the resilience of the US and Asian economies to record high oil prices.

The big uncertainty is how much of a hit the housing marketing will take. Is it going to be a hard landing or a soft landing I worry about that much more than I worry about high fuel prices right now.

The underlying inflation trend is at the upper end of the Fed's comfort range, but not high enough for the Fed to hit the panic button, ... The big question still is when will the Fed stop raising rates . . . The Fed will probably stop in November, when the Fed funds rate is at 4 percent.

The main thing is cost-savings which radiate out in the form of lower prices for high-tech goods, and higher profit margins for the companies,

We are just starting to see the impact of Katrina. We are going to see awful inflation numbers, awful employment numbers and awful industrial production numbers for a few months.

Of that 8.9 percent, maybe a third of it was weather-related. The rest of it is underlying trend of weakness in the housing market. You are seeing pervasive signs of weakness.

This is just more evidence that we have got pretty solid growth and very little inflation.