Joel Naroff Quotes

Now, if we can get a really good employment growth number on Friday, something I think is a real possibility, even that enigmatic curmudgeon who controls monetary policy might start to lighten up a bit.

- Joel Naroff

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Good | Employment | Growth | Number | Friday |

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The glory days of surging productivity that kept labor costs down look to be behind us. The expected slowdown in productivity has arrived and that is putting pressure on costs and the Fed. - Joel Naroff

The consumer is spending money, but not at any great pace. We still are looking at a sluggish fourth quarter for consumption. - Joel Naroff

If the [Fed] wishes to wait an extra meeting before it raises rates, the inflation data currently give the members free hand to do so. - Joel Naroff