Anthony Chan Quotes

All the focus is on the core number. The Fed said yesterday that energy has not worked its way down to core consumer prices.

- Anthony Chan

Tags

Focus | Core | Number | Yesterday | Energy |

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The outsized gain in housing starts was influenced by the same variable dominating most of the other headline stats like the retail sales and industrial production, namely weather. Everyone knows that housing starts is a volatile number that generally reports wide swings. - Anthony Chan

I think the Fed certainly looks at this as building up as pricing power on the part of companies... But (the price index) is still within the tolerable range for the Fed. That's not to say the Fed can relax and go on vacation, but I would say they're a relatively benign. - Anthony Chan