Maury Harris Quotes

With consumption accounting for about 70 percent of GDP, the extra strength should add about 0.7 point to total GDP growth.

- Maury Harris

Tags

Consumption | Accounting | Percent | Extra | Strength |

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You typically see a rebound in the labor force when the economy starts to recover. But because businesses are operating so much more efficiently, there's a limit to the number of jobs available. Unemployment could still go up a few ticks. - Maury Harris

In crafting today's FOMC statement, we believe Fed officials were undoubtedly influenced by the perception that mixed signals from the Fed, and possibly some loss of credibility, accounted for some of the recent surge in bond yields. - Maury Harris

The contained job gains will make it easier for the Fed to convince investors that it will not rush to tighten. We still expect tightening to start only next August. - Maury Harris