Nigel Gault Quotes

Within a few months, the deficit will be widening to new records. - Nigel Gault

With consumers likely to return to the malls from the auto showrooms, spending in other areas will pick up again, especially once cooler weather arrives to give a boost to fall clothing. - Nigel Gault

We believe the numbers today are confirming our view that growth will be soft throughout the rest of the year. - Nigel Gault

We are now at the point where Hurricane Katrina's effects are adding to job creation rather than detracting from it. - Nigel Gault

U.S. consumers have been increasing their spending much faster than their incomes. - Nigel Gault

This latest report is unmistakable evidence of an improving economy. What you have to look for is evidence that the fourth-quarter slowdown in economic growth will continue. And this jobs report is evidence that just the opposite is happening. - Nigel Gault

This is the unusual episode that we've had so many rate hikes in a row. - Nigel Gault

These figures suggest that growth is stable but not extremely strong. These figures should add to the conviction in financial markets that the Fed will soon be able to stop raising rates. - Nigel Gault

There is no sign at all now that US consumers have started to tighten their belts. This will increase the chances that the Federal Reserve will continue to raise rates up until May. - Nigel Gault

There is a risk that we will push up above 2 percent, not necessarily over the next month but sometime over the next few months. That will be a concern to the Fed. - Nigel Gault

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