Steve Wood Quotes



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The data continue to point to the Federal Reserve's major unresolved question: Is the economy slowing enough to vent the pressure on labor markets and inflation?
- Steve Wood

With imports now more than one third higher than exports, it will take a sharp reversal in these growth rates for the trade shortfall to narrow on a sustained basis. Although the U.S. economy is slowing and international economic activity is accelerating, it is unlikely that the trade deficit will narrow anytime soon.
- Steve Wood
