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Stephen Stanley Quotes
The economy is still growing at an above trend pace and with slack in labor and product markets all but fully absorbed, inflation pressures will begin to gradually build this year.
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Stephen Stanley
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Growing
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Trend
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Pace
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Slack
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It's been a tough day overall.
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Stephen Stanley
Productivity rises could be more modest going forward, since hours worked should grow faster as job losses caused by the hurricanes are reversed. Fed officials will remain watchful of a reacceleration in unit labor costs.
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Stephen Stanley
The main story was oil. Volumes and prices both rose in June, so petroleum imports jumped sharply.
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Stephen Stanley
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