Michael Gregory
Michael Gregory
economy economy-and-economics fast fed growing inflation present question slack threat
The question for the Fed is what inflation will look like in 12 to 18 months. The U.S. economy is still growing fast enough to use up slack that's out there in the economy, and that could present an inflation threat down the road.
business demand fed foreign game half likely picking solid
With business outlays solid and foreign demand picking up, this will likely keep the Fed in the tightening game through the first half of the year.
broaden consumers discount gas high impact mainstream prices seeing signs starting stay
We're seeing signs that consumers are starting to feel the impact of persistently high gas prices. As prices stay high we're going to see the impact broaden from discount to more mainstream retailers.
demand domestic economy economy-and-economics exceed fourth growth looking remains spending stock underlying
Underlying demand in the U.S. economy remains solid, irrespective of the stock market. We are looking at growth in domestic spending that will probably exceed what we had in the fourth quarter.