PPI was better than expected, certainly on the overall number, and confirms the Fed's recentstatements that inflation remains a secondary concern behind the weakness in the economy.
There are not yet any comments on this quote. Why not register / login and be the first?
This quote is just one of 7 total Paul Christopher quotes in our collection. Paul Christopher is known for saying 'PPI was better than expected, certainly on the overall number, and confirms the Fed's recent statements that inflation remains a secondary concern behind the weakness in the economy.' as well as some of the following quotes.
PPI was better than expected, certainly on the overall number, and confirms the Fed's recent statements that inflation remains a secondary concern behind the weakness in the economy.
Not only is the economy slowing but it is a reminder that inflation risks diminish as the economy slows. It emphasizes that the Fed would be quite well justified for easing policy as early as next week, a move to a neutral bias with a rate cut being the next logical step in January.
This report underscores or emphasizes that the Fed would be quite well justified for easing policy as early as next week, ... I'm not saying to expect a cut in rates, but perhaps they'll start with a move to a neutral bias, with a rate cut the next logical step in January.
We see some early signs of improvement in manufacturing, but the contraction continues. Today's report should simply remind investors the economy is not out of danger yet.
This quote is just one of 7 total Paul Christopher quotes in our collection. Paul Christopher is known for saying 'PPI was better than expected, certainly on the overall number, and confirms the Fed's recent statements that inflation remains a secondary concern behind the weakness in the economy.' as well as some of the following quotes.