Michael Blythe Quotes
It's confirmation the economy stepped down several gears in the second half of 2005. It is hard to be too pessimistic for the outlook for 2006, but it is one of those indicators that says there is no hurry to do anything on rates. 
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Confirmation | Economy | Stepped | Gears | 2005 |
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We are getting the investment we need to see... It continues the theme of rebalancing in the economy: slowing consumer spending and housing being replaced with stronger exports and investment.
- Michael Blythe
