Gary Thayer
Gary Thayer
against buy chinese currency decline dollar items price rise seen
If we'd had a substantial decline in the dollar against the Chinese currency we'd have probably seen a substantial rise in the price of some of the items that we buy from China.
banker basically central concerns economic expresses expressing normally places point reasons trading
He's basically expressing the concerns that a central banker normally expresses at this point in the economic cycle, and that is that there are reasons to be cautious, ... Trading Places .
growth healthy major
Growth is still at a healthy level. There is no major slowdown.
core good increased modestly news prices primarily recovery
We did see a big recovery in (producer) prices, but that was primarily in energy. Core prices increased only modestly and that's good news for the Fed.
attitudes consumer daily dip energy january related rise seen sentiment small weekly
We had seen the daily and weekly sentiment surveys show a small dip in consumer attitudes at the end of January. Some of that could have been related to the late January rise in energy prices.
consumer good items looks lower news prices reading seeing seen unchanged
The good news is that what we've seen is an unchanged reading for the nonpetroleum items and it looks like what we're still seeing is lower prices for many consumer items.
good inflation items major news outside problem reading seen unchanged
The good news is that what we've seen is an unchanged reading for the non-petroleum items ... so it doesn't look like we have a major inflation problem outside of oil, which is good for the Fed.
good higher inflation news number revised running saw slightly year
The good news is that the inflation number was also revised down slightly but is still running higher than we saw a year or so ago,
activity economic fourth last quarter saw supports view
This supports the view that first-quarter economic activity is much better than what we saw in the fourth quarter of last year.
government growth inflation less saw
This suggests the government saw more real growth and less inflation in the quarter.
door fed leaves offset open rate report sort
This report leaves the door open for a rate cut. There's still uncertainty out there, and as a way to sort of offset the uncertainty, the Fed will do more than it may need to do.
bid domestic full goods less likelihood open operating opportunity prices producer somebody somewhere
Now that we're in a more open economy, and there's a lot more opportunity to get goods from overseas, if manufacturers are operating at full capacity, there's less likelihood that somebody will bid up prices at a domestic producer if they can get it somewhere else.
companies costs employment energy higher including keeping lead looks prices rising wages worried
Policy-makers have been worried that rising energy costs could lead to higher prices for other things including higher wages and compensation, but it looks like companies are keeping their employment costs in check.
disagree particular
I wouldn't disagree with some of the things he said, but I don't know why he said those particular things at this time.