Quotations

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Anthony Chan Quotes

«We're still far from deflation, but not far from a deceleration in inflation, and that's why policy makers have to remain vigilant.»
Author: Anthony Chan
«Although we should get a boost from the reduction in tax withholding along with tax rebates to lower-income taxpayers, the fear is that the persistence of poor labor-market conditions and continuing geopolitical risk may end up tempering economic growth conditions during the third quarter.»
Author: Anthony Chan
«These jobless claims figures strongly suggest that any discussion of a runaway economic recovery have been greatly exaggerated. Instead, what we see here is a recovery that continues to face significant headwinds emanating from the employment front.»
Author: Anthony Chan
«Outside of the volatile food and energy components, we continue to see that the risk of disinflation [not be to confused with deflation] remains very much alive.»
Author: Anthony Chan
«This clearly shows that relying on the household survey's employment measure as a barometer of labor market conditions is not only risky, but also an incorrect assumption.»
Author: Anthony Chan
«The bottom line is that Wall Street will have to shave off some of its overly exuberant fourth-quarter real GDP estimates.»
Author: Anthony Chan
«These numbers give us an indication of the trend, and the trend is still telling us we're in improvement mode, not in breakout mode, where job growth is surging.»
Author: Anthony Chan
«The lackluster change validates the Fed's view that inflation is not likely to be a major overall issue in 2004. Although this bodes well for policy, it is not a positive for corporate pricing power.»
Author: Anthony Chan
«I haven't seen increases in the workweek strong enough to augur that all of a sudden employment is going to surge. If I had seen that in the past couple of months, I would be more optimistic.»
Author: Anthony Chan
«This week's CPI will seal (the Fed's decision). If we get a number at consensus or a little above, that'll tip it towards a June increase.»
Author: Anthony Chan