Ethan Harris Quotes

The idea that the recovery has started has been clearly confirmed. But there's no way to know the sustainability of the recovery.

- Ethan Harris

Tags

Idea | Recovery | Started | Confirmed | Sustainability |

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It's true there's been a shift of income distribution, with a lot of income gains accruing to upper income individuals. The labor market is paying a bigger and bigger premium for being well educated... At the other end of the distribution, if you look at Joe Six-Pack, you've seen a big decline in big paying, low skill jobs in manufacturing. - Ethan Harris

My rule of thumb is to look at both the household and payroll surveys together, giving three-quarters weight to the payroll survey and one quarter to the household survey. - Ethan Harris

With few signs that consumer prices are about to break to the upside ... along with signs that aggregate demand remains robust, we expect the Fed will not only vote to keep rates constant, but will leave the growth and inflation bias statements unchanged. - Ethan Harris