Pierre Ellis
Pierre Ellis
convince economic fed great growth interest rates seriously track worrying
This will probably be of great satisfaction to the Fed and will convince them that economic growth is on track without worrying them that interest rates are seriously too low.
capital companies competition economy economy-and-economics facing great grow help imports remains slowing telling
Having imports grow as the economy is slowing is telling you that American companies are facing great competitive pressure, especially in capital equipment. It doesn't help American companies because international competition remains very, very strong.
blew complete hit news sort surprise tape unexpected
The news hit the tape as a complete surprise and it blew up because it was unexpected and sort of clumsy.