Peter Hooper Quotes

You replace an icon like Greenspan, in whom the markets had a lot of confidence, and risk premiums have been squeezed to very low levels, and inevitably there is going to be a rise in uncertainty. - Peter Hooper

To get the economy growing at or above trend and to get the labor market coming back, it will take business spending picking up. - Peter Hooper

This masks what we think is a modest uptrend in the core CPI. - Peter Hooper

This does not necessarily mean that they are nearly done tightening rates but rather that this process will become less automatic. They are laying the groundwork for this transition. - Peter Hooper

The testimony and the week's data played in nicely with our expectation for 5 percent fed funds in May and little change for quite some time thereafter. - Peter Hooper

The risk that labor costs will begin to make their way through to higher core inflation if the labor market continues to tighten is one key factor making many (Fed policy makers) uneasy about a course change in policy any time soon. - Peter Hooper

The breakdown of the Boomers into two groups proved to deliver some very interesting results. There are distinct differences between those aged 40-49 and 50-60 years old with relation to the timing, activities and money needed for retirement. - Peter Hooper

Consumer spending has been surprisingly resilient, and I don't expect any kind of a drop-off. But, at the same time, this is a softer report than we've been expecting, given retail sales in April. - Peter Hooper

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