Gary Thayer Quotes

The personal consumption expenditure (PCE) price deflator was revised from 0.7 percent annual rate to 1.0... That's still very low, but it was revised upward instead of downward. There is possibly some building inflationary pressure, but it's still very benign.

- Gary Thayer

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Personal | Consumption | Expenditure | Price | Deflator |

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I think it's good news for the economy. When you take away the GM strike and average last month's figures with this month's, you see employment growth at moderate levels, which is good for sustainable growth. - Gary Thayer

The (February) manufacturing report was a little better than expected, showing continued growth in manufacturing. - Gary Thayer

Inflation is creeping up, but it's not out of hand. I think that's pretty important... The bond market may have discounted a worst-case scenario over the last couple of months on inflation, and now maybe traders won't have to worry about the Fed moving too fast. - Gary Thayer