Michelle Girard Quotes

Businesses will be adding workers, so productivity growth will stay modest in 2006. The increase in unit labor costs is something the Federal Reserve is aware of, and it adds to the case they're going to continue raising rates.

- Michelle Girard

Tags

Businesses | Adding | Workers | Productivity | Growth |

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There wasn't anything that the Fed said or did to imply that the easing cycle was over. - Michelle Girard

You're not seeing evidence of slowing in the report. That's significant. Status quo in terms of the growth rate won't be good enough to keep the Fed from raising rates beyond neutral. - Michelle Girard

Retailers continue to report good sales momentum in the post-holiday period, bolstered by gift card redemptions. - Michelle Girard