Ian Shepherdson Quotes

This will doubtless shock the markets, and makes an October rate cut more likely, but it does not change the outlook for a near-term recovery... Falling employment, rising unemployment lag activity. These numbers reflect the second quarter economic stall.

- Ian Shepherdson

Tags

Doubtless | Shock | Markets | October | Rate |

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This report will leave the markets still pushing for a Fed ease...but perhaps with a bit less conviction... It is still not a done deal. - Ian Shepherdson

The statement leaves room for inaction in November if the data fail to thrive. - Ian Shepherdson

These are spectacular numbers and confirm that the labor market is not at the moment the source of anything that could be plausibly described as inflationary pressure. - Ian Shepherdson