Gary Schlossberg
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Gary Schlossberg
holding market
That may be holding the market back a bit.
ahead caution growth inflation looking market soothing
There's some caution ahead of Greenspan. The market is looking for soothing words, such as growth is moderating and inflation is not a problem.
affect change concerned fed forward investors low monetary oil
It's not going to affect monetary policy. The Fed is forward looking. The change is at the low end of expectations. At the margins, it may affect investors by refocusing on inflation. They are already concerned about oil prices.
fed increases leave policy report
While the report does not make it a certainty, it increases the probability that the Fed will leave policy unchanged.
costs driving efforts enduring evidence explore fuel higher households oil prices responding sands seeing stay utah
We're seeing evidence of Utah households responding to higher fuel costs by driving less, heating less, and being more efficient. And if oil prices stay high, we should also see more enduring efforts to explore alternatives, like tar sands and oil shale.