Joshua Shapiro Quotes

We continue to expect the Fed funds target to reach 5 percent in the second quarter of next year, which is where we see the tightening process ending. Comments from Fed officials suggest that they expect only a temporary hit to growth from higher energy prices, while concern about a drift up in core inflation is increasing.

- Joshua Shapiro

Tags

Continue | Expect | Funds | Target | Reach |

comments powered by Disqus

Random

It's mighty difficult the closer you get to the consumer to raise prices, and that remains the case. There is a big debate out there as to how long can this continue. - Joshua Shapiro

While this was obviously a good month, we don't expect this to continue. We think it's going to be a slow drift up in core inflation going forward. - Joshua Shapiro

The trend is not going to be that great if imports are picking up in momentum. - Joshua Shapiro