Rick MacDonald Quotes

The statement, as usual, will be important. The Fed is widely expected to maintain a steady policy stance, but is also expected to acknowledge that the risks are still toward higher inflation.

- Rick MacDonald

Tags

Statement | Usual | Important | Widely | Expected |

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Although the numbers are in line with expectations, the gains will be especially worrisome to Fed board members who see tight labor markets as generating compensation gains that potentially boost inflation. - Rick MacDonald

I won't apologize for our success. We got them in a fair system. We work real hard. The problem is you have people who don't even try, and they continue to talk like they're there like we are, night after night, when they're not trying at all. - Rick MacDonald

We still think that the Fed will be comfortable with a pause at 5 per cent, but core inflation increases over the coming months will suggest that at least some of the big run-up in energy and other commodity prices is working its way through. - Rick MacDonald