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Letter "S" » Stephen Stanley Quotes
«The Fed will have to take rates beyond neutral to a somewhat restrictive pace. Today's data totally supports that view of the world and should...eliminate any doubts about the near-term course of monetary policy.»
«The economy is still growing at an above trend pace and with slack in labor and product markets all but fully absorbed, inflation pressures will begin to gradually build this year.»
«The manufacturing sector remains in solid shape.»
«I do not expect to see the Fed let its guard down on inflation any time soon even though the worst fears of energy pass-through have not come to pass.»
«A few weeks ago, the market was looking for a hike in March and May, but there have been some data points recently that have thrown May into question.»
«The economy has a lot of momentum. The consumer continues to do well because of the improving labor market, and businesses have a lot of cash and are getting more confident about deploying it.»
«It's certainly an interesting time as we bump up against levels we haven't seen in quite some time.»
«The Fed can not be comfortable with the pace at which the labor market is moving to/through full employment. Let the wage acceleration begin!»
«The labor market is the linchpin of our economic forecasts, because income growth is going to sustain the consumer.»
«What really got everyone's attention was the decline in the unemployment rate.»

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