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Steven Wieting Quotes
«There's a lot of month-to-month volatility in these numbers, ... You had a tremendous amount of widening in February and then a snap back in March.»
Author: Steven Wieting
«The soft patch was highly overrated,»
Author: Steven Wieting
«We're not at gas prices that pose some kind of a tipping point. There have been botched forecasts of a recession at every $10 move (higher) in crude oil futures.»
Author: Steven Wieting
«There is no change in course, and markets have already priced in more action.»
Author: Steven Wieting
«I don't' think we've seen any sign here that there is an urgency to risk damaging the pace of the upturn. Why rush, why panic?»
Author: Steven Wieting
«We already were expecting a 5,000-job decline in manufacturing employment in May.»
Author: Steven Wieting
«The Fed has assumed that the weakness in the first quarter was temporary. This confirms that. The reasonable view was you don't have a one-third rise in energy prices without consequences.»
Author: Steven Wieting
«September was a month where we thought there was a tremendous amount of weather impact,»
Author: Steven Wieting
«Even if energy hangs out at these historically high levels, headline inflation should slow down in the coming year.»
Author: Steven Wieting
«It's very unlikely for Fed to worry about month to month data changes, or even two months, as the markets do.»
Author: Steven Wieting