Elisabeth Denison
Elisabeth Denison
against believe economic inflation lean momentum pressures rate remains
As long as the economic momentum remains strong, we believe they will still lean against inflation pressures with another rate hike.
definitely direction domestic eye fed further pace pointing prices rate worried
This is something the Fed is going to keep an eye on as it's domestic prices that they're worried about, the domestic pace of activity, and it definitely is pointing in the direction of further rate hikes.
fed seems
The Fed seems to think that this is a one-time adjustment.
coming couple data days last market momentum rally reports tried weak
The market has tried to rally in the last couple of days on weak data and did not succeed, so with all these reports coming in, (bonds) have got a little more momentum today.
employment labor people question shows
A lot of it has to do with the labor market, the employment question is where it shows up. People are disenchanted with employment growth.
fourth quarter theme
The big theme in the fourth quarter is going to be consumption spending, that is the real driver.
bigger bit concerned core increases looking maybe people yesterday
Some people were concerned after the revisions yesterday and were maybe looking for bigger increases in the core (today) and there's a little bit of rallying, but it's very, very minor.
consumer good momentum news terms
It did come in stronger, so that's probably good news in terms of consumer momentum as we go into the new year.
data definitely improving information labor market payroll point settling small
It's a very small decline. It's definitely settling in a downtrend and all the information from the surveys and from that kind of data point to the labor market stabilizing and improving and we should see that in the payroll numbers.
combine consumer cooling create federal gasoline housing market perfect picking prices reserve storm time watch
If the housing market is cooling at the same time as gasoline prices are picking up that could combine to create a perfect storm for consumer spending. This is something the Federal Reserve will watch very closely.
consumer looking partly quarter second start strong weather
We had a strong start to the year, partly weather and consumer related, and now we're getting indications for the second quarter and they're looking moderate.