Michael Darda
Michael Darda
affected against almost benefit dollar gold major prices rising run
Gold prices are rising against almost every major currency, ... So the run up in gold prices here has not affected the dollar to the benefit of other currencies.
august headline jobs july june number report robust
I thought the jobs report was more robust than the headline number would suggest, with the June and July upward revisions to payrolls countering the August miss.
economy good higher oil remains report retail sales strong suggestion
Overall, the retail sales report was a strong suggestion that the economy remains robust, particularly when you take out the autos component. It suggests that we're going to see a good read on GDP growth, even with the higher oil prices.
pause percent saying
Essentially, he's saying that they may pause around 5 percent after the May meeting.
core pressure seeing
If you look at the data, we are seeing a subtle, upward pressure on core inflation.
surprising
There was nothing too surprising in what he said.