If unit labor costs are not increasing as much as we initially expected, that would get the Fed to pause (rate hikes) sooner than expected.
More Quotes from Tim Mazanec:
If you look at the last three months, these PCE figures signal that inflation is maybe losing some momentum and calls for just another few more Fed rate hikes in the near term.Tim Mazanec
We are getting a consistent view from the Fed now that they are somewhat worried about the risk of a higher inflation rate. That is going to cause more rate hikes to come and higher yields will help the dollar.
Tim Mazanec
We are seeing stronger and stronger employment numbers in the U.S.. That should lead into a strong number for payrolls.
Tim Mazanec
Come the Fed meetings around April, May, June next year, this may have an impact.
Tim Mazanec
There's absolutely no reason to think why (the Bank of Canada) would not keep on hiking rates at least two more times.
Tim Mazanec
Readers Who Like This Quotation Also Like:
I've always wanted to improve on the idea of living well, In moderation, wine is good for you - mentally, physically, and spiritually.Robert Mondavi
Being in control of your life and having realistic expectations about your day-to-day challenges are the keys to stress management, which is perhaps the most important ingredient to living a happy, healthy and rewarding life.
Marilu Henner
Mind your driving.
L. M. Heroux