Kathleen Camilli
Kathleen Camilli
bank caution central direction fed holding left side tight time
I think the Fed is erring on the side of caution, as a central bank should. That's why they left the direction in place. It could be this time they're holding tight too long. We'll know that only in hindsight, as unfortunate as that is.
barely economy growing growth midst percent quite
It's really amazing. Our economy is growing at over 4 percent real growth and in the midst of that we have barely any inflation. Quite unprecedented.
average consumer events fed pressure remains seen talking tough wages
The Fed is doing what it has to do, talking a tough line. It still remains to be seen when the upward pressure on wages will trickle up to inflation. Right now, the average American consumer has been untouched, unscathed by the events in Asia.
cut economic likely rate toward year
I do think that a rate cut is coming, more likely toward the end of the year when we see some of the economic data.