Tony Crescenzi
Tony Crescenzi
consumer correct cost
The CPI is correct in measuring consumer prices, ... But it's not correct in measuring the cost of living.
advance both compared countries creates economic economy-and-economics environment good growth lower powerful rates return serve
The productivity advance will also serve as a powerful backstop for the U.S. dollar, as it creates an environment that is good for the rates of return on U.S. assets, especially compared to other countries where both productivity growth and economic growth are lower than in the U.S.,
bond both causes weakness
There are many causes of both today's weakness and of the bond market's weakening in general,
excessive fed hanging onto optimism
The Fed is hanging onto its long-term view. Some will say this is just excessive optimism.
fed market
The Fed has been very, very clear, and that's going to keep the market under pressure.
apt consistent fed inflation mode notion rearing testimony
His testimony is apt to be consistent with the notion that the Fed is still in a tightening mode and inflation is rearing its head,
april conduct early fed high might move payroll people rate report rumor since strong wage
The new rumor now since the meeting, since they did not act, is that the Fed could conduct an inter-meeting rate change, ... This is something they haven't done since April 1994, but people feel if the payroll report is strong and it's accompanied by a high wage gain, the Fed might move as early as tomorrow.
aftermath ammunition appears bad fed inflation justify strategy string
In the aftermath of a string of bad inflation news, the Fed now appears to have ample ammunition to justify their strategy shift.
bond concerns federal reserve watches
These are important concerns for the bond market, ... We know that the Federal Reserve watches these things.
cut eventually fed notion point puts rapid rates response speech
Greenspan's speech puts an exclamation point on the market's notion that the Fed will eventually have to cut rates in response to the rapid deceleration in the economy,
decline early fed forecast interest lower might payroll post rates report venture
I would venture to forecast that if the upcoming payroll report were to post a decline in the vicinity of 200,000 or so, the Fed might lower interest rates as early as this Friday.
although excuse federal highly officials recent seems signal
It's an excuse to consolidate recent losses, although it seems highly implausible that federal officials would want to signal their plans, through any channel.
certainly fed housing importance markets means placing recognizes sending strong
The Fed certainly recognizes the importance that the markets are placing on the housing market and could well use it as a means of sending strong signals.
attention fed intensely jobs situation
The Fed has put the market's attention more intensely on the jobs situation again.