David Wyss Quotes

We did see a bit of acceleration in wages. We were up 0.4 percent in January. That may be good news for the workers, but it is something that is going to make the Federal Reserve a bit worried about the possible impact of inflation and may increase the probability that they're going to raise rates again.

- David Wyss

Tags

Acceleration | Wages | Percent | January | Good |

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There is no change for the Fed. They are more focused on the real economy. They are looking for any sign that core inflation is going up. - David Wyss

GM is the story of U.S. auto manufacturing, and it's the story of U.S. manufacturing that we are importing more and more of what we consume. Manufacturing is becoming a smaller and smaller part of the economy. - David Wyss

These are generally very good numbers and another sign that the Fed is going to be raising interest rates sooner rather than later. - David Wyss