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Drew Matus Quotes
«I think if you look at the way the U.S. economy has developed over the last few months, you still have strong payroll growth, you've got a little bit of inflation pressure and you have very strong income growth. So the actual economy is not all that different from when the Fed started its rate hike cycle.»
Author: Drew Matus
«The Fed keeps trying to walk the middle course, and unfortunately that gives ammunition to people who think the Fed should be raising rates more and ammunition to people who think the Fed should be done.»
Author: Drew Matus
«The factory orders report shows that the first two months of the fourth quarter were not especially a great time for manufacturers.»
Author: Drew Matus
«The long awaited drop-off in housing activity may have started.»
Author: Drew Matus
«The trend in this data suggests a stronger payroll report than we had been anticipating.»
Author: Drew Matus
«This data supports the Fed's view of Katrina -- the hurricane is likely to have only a short-lived influence on the national economy while the reduction in capacity and higher energy prices could prove inflationary.»
Author: Drew Matus
«We're expecting him to mention consumer confidence numbers and consumer spending numbers and to come out and say we need to ensure that consumer confidence is bolstered. We're expecting him to come out and basically let the markets know to expect a cut in March.»
Author: Drew Matus
«[The data] came right in [line with] what the Commerce Department was estimating, and it won't have any impact on the GDP equation.»
Author: Drew Matus
«There's no sign of inflation, and the labor market is still weak. There's still plenty of room from the Fed's point of view.»
Author: Drew Matus
«All told, we have more of the same. The economy is going to accelerate in some areas and decelerate in others and the labor market is going to be the one that keeps getting squeezed.»
Author: Drew Matus