Sherry Cooper Quotes
The Fed might have been in a dilemma if signs of slower growth were coupled with signs of a wage/price spiral. However, that is emphatically not the case. The underlying inflation outlook is not a problem for the Fed or the financial markets. 
Tweet
Dilemma | Signs | Slower | Growth | Coupled |
comments powered by Disqus
Right now, it appears that the (Fed) believes that the odds are better than 50-50 that another 25 basis point rate hike will be warranted.
- Sherry Cooper
Although the cooling U.S. housing sector is going be a major drag on consumer spending as 2006 unfolds, consumers are starting the year in an upbeat mood, buoyed by solid labor markets. As such, U.S. consumer spending could display more early-year resilience than is currently expected.
- Sherry Cooper