Jan Hatzius Quotes

Going forward, is there still adjustment in the pipeline? I think there is. The household savings rate is low, and debt growth has accelerated. That means that consumer spending growth is going to be slow. In the next 12 months, the economy is going to do well, but it will be a temporary acceleration rather than the beginning of a normal recovery.

- Jan Hatzius

Tags

Adjustment | Pipeline | Household | Savings | Rate |

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It makes sense they would make it a little more open, just because the next meeting is still pretty far away, and when you have a new guy coming in you want to give him as much wiggle room as possible. - Jan Hatzius

They want to see how these first two rate increases go first. They are trying to straddle between not committing themselves to a third rate rise and not driving the stock market through the roof by saying they're done. - Jan Hatzius

The ratio of inventories to shipments rose a bit in the latest month. We have found movements in this ratio to be a good indicator of industrial activity. Just a straw in the wind at this point, but a possible indication of future moderation in the sector. - Jan Hatzius