Jan Hatzius Quotes

The ratio of inventories to shipments rose a bit in the latest month. We have found movements in this ratio to be a good indicator of industrial activity. Just a straw in the wind at this point, but a possible indication of future moderation in the sector.

- Jan Hatzius

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Ratio | Inventories | Shipments | Rose | Latest |

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A year ago, it was not that difficult to predict six months in advance where they were going to be. That's going to be harder when you are at 5 percent and you think the economy is going to be weak enough to get them to cut rates. - Jan Hatzius

We will likely see some 'payback' for the blockbuster April report, which probably exaggerates the underlying job trend. (The latest) ISM index confirms that manufacturing employment has firmly entered contraction territory. - Jan Hatzius

It makes sense they would make it a little more open, just because the next meeting is still pretty far away, and when you have a new guy coming in you want to give him as much wiggle room as possible. - Jan Hatzius