Gary Thayer
Gary Thayer
anticipate fed good hold inflation news people stay
We got good news on inflation. People anticipate that with inflation still very low, the Fed will stay on hold for awhile.
above business expansion fed outlook pointing quite zero
The Philadelphia Fed business outlook index is still above zero in January, pointing to expansion, but the expansion is not quite as broad.
economy federal good news poised slow
We think the economy is poised to slow down and that's good news for the Federal Reserve.
concerned falter fed great greenspan heard last later might numbers retail sales upset week worried
If we hadn't heard from Greenspan last week that the Fed is still worried about an uneven recovery, we might be more upset about these numbers. But Greenspan is concerned that these retail sales numbers could falter later on so these numbers probably won't have that great an impact.
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.
act concern economy fear fed generate inflation mean point seem
There's still a lot more inflation fear than there is inflation. There is still concern that the economy could generate inflation at some point but it still doesn't seem to be doing that. The Fed doesn't need to act more aggressively, but it doesn't mean that they won't.
fed help increase replace
This may help increase the inflation-fighting credibility of the Fed before we replace the chairman.
economy fed further policy saying seeing softness
They're saying that some further policy firming may be needed, so it doesn't look like the Fed is seeing enough softness in the economy right now to warrant pausing.
concerned continue fed housing interest market raise
This is probably going to keep the Fed concerned about inflation. If the housing market is still healthy, policy-makers will probably continue to raise interest rates.
concerned fed
This is probably going to keep the Fed concerned about inflation.
clearly concerned couple economy federal healthy inflation numbers reserve
Clearly today's numbers show that the economy is still healthy and that the Federal Reserve probably will still be concerned about inflation for at least a couple more months.
change concerns dramatic fed generally numbers quick reduce
Generally I think these numbers could reduce some of the concerns about a quick or dramatic change in Fed policy.
bond couple creeping fed inflation last market maybe months moving scenario traders worry
Inflation is creeping up, but it's not out of hand. I think that's pretty important. The bond market may have discounted a worst-case scenario over the last couple of months on inflation, and now maybe traders won't have to worry about the Fed moving too fast.
continue economy economy-and-economics fed greenspan looks raise saying
But it looks like Mr. Greenspan is saying the slowdown in the economy will be short-lived and that suggests that the Fed will probably continue to raise rates.