We did expect a sharp deterioration of the trade balance. The real story on the trade numbers is that the import surge reflects very solid domestic demand.
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This quote is just one of 9 total Harvinder Kalirai quotes in our collection. Harvinder Kalirai is known for saying 'We did expect a sharp deterioration of the trade balance. The real story on the trade numbers is that the import surge reflects very solid domestic demand.' as well as some of the following quotes.
There are a few signs of cracks beneath the surface in the U.S. economy, starting with the weak durable goods and confidence figures last week, and now with the rise in oil.
We did expect a sharp deterioration of the trade balance. The real story on the trade numbers is that the import surge reflects very solid domestic demand.
July was much stronger than expected, but when you factor in the revisions to June, there's only a 0.4 percent increase ... I think these numbers are very close to consensus forecast.
If you look back to 1994 when the Fed was hiking rates continuously, after every rate hike the Fed adopted a neutral bias. However, the tightening cycle continued until early '95, for a total of 300 basis points (3 percent). We are not looking for that type of tightening cycle this time, but nevertheless it does suggest that the neutral bias does not preclude further rate hikes down the road.
This quote is just one of 9 total Harvinder Kalirai quotes in our collection. Harvinder Kalirai is known for saying 'We did expect a sharp deterioration of the trade balance. The real story on the trade numbers is that the import surge reflects very solid domestic demand.' as well as some of the following quotes.