Michelle Girard Quotes

While we look for the Fed to pause in June, we expect continued above-trend growth and inflation concerns will lead to further tightening (to 5.5%) in the second half of the year.

- Michelle Girard

Tags

Pause | June | Expect | Continued | Trend |

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

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