Quotations

Famous Quotations

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Ian Shepherdson Quotes

«The underlying trends are still adverse, however, and the deficit will rebound next month.»
«Core sales slowed hugely at the end of the year, almost certainly as a result of the cash flow hit caused by the post-Katrina leap in energy prices. This is now over, and sales should rebound strongly in the first quarter.»
«This does not read like a Fed where everyone is looking for a reason to stop.»
«Overall, still quite strong, but a bit disconcerting nonetheless.»
«If claims remain anywhere near this week's level, they will send a very strong signal that the labor market is tightening.»
«Clearly good numbers, reinforcing the Fed view that much of the spring rise in inflation was 'transitory' - but good CPI numbers alone will not stop rates rising slowly,»
«Our measure of core sales, which excludes autos, gas and food, rose a pitiful 0.1 percent, the worst performance since April and impossible to square with Mr. Greenspan's assertion last week that the economy is regaining traction,»
«After four straight months of worse-than-expected core CPI numbers, (this report provides) some relief,»
«The headline reflects a 3.2 percent rise in gasoline prices. Natural gas and electricity prices were also much stronger than the PPI suggested. The good news is the 0.1 percent core, which supports the Fed's view that transitory factors have boosted inflation in recent months,»
«Mr. Greenspan is set to continue the unloosening, the risks of which are 'outweighed' by the benefits, and he'll go faster if he has to,»