Maury Harris Quotes
Price pressures appear to be building at crude PPI levels, but the Fed will likely wait to respond until these pressures filter into the consumer price index. We do not expect that to occur until next year.
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Price | Pressures | Building | Crude | Levels |
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I think we're probably more adaptable now than we were in the past. Education is the key to that -- it makes you flexible.
- Maury Harris
Both current conditions and expectations remain above their wartime lows, but the reversal of previous gains undercuts the notion that the slowdown early this year owed only to geopolitical concerns. Consumers are clearly troubled by the absence of new hiring, and worry about income prospects.
- Maury Harris
