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Drew Matus Quotes
«The market liked what it didn't see. The market got itself worked up about the Fed possibly being more aggressive about inflation and when that didn't appear in the minutes, investors then focused on a relatively benign view of inflation.»
Author: Drew Matus
«If we get more inflationary data, that could bring people back to their senses. Just because the Fed talks about inflation in a benign way one meeting doesn't mean that feeling will be pervasive at the next meeting.»
Author: Drew Matus
«It puts the Fed in a position they probably don't want to be in, but they'll have to keep raising rates.»
Author: Drew Matus
«Despite the fact that we had a lot of consumption, it seems to be driven by consumption of imported goods. That also sets stage for weaker growth going forward.»
Author: Drew Matus
«Growth is picking up in the labor market. People are returning to work, working longer hours and making more money. This shows that the economy is healthy. Fears of a soft patch were overblown.»
Author: Drew Matus
«Between the move in the employment index and continued strength in new orders it suggests that the economy should continue to expand in the near term.»
Author: Drew Matus
«Growth is strong. Inflation is making them a little nervous, even though they reiterate that core inflation and long-term inflation expectations are contained.»
Author: Drew Matus
«This is as aggressive as I've ever seen for the Fed in terms of making clear that they're raising rates and that they're not near being done.»
Author: Drew Matus
«Something boosted consumer confidence and I would suggest it's an improvement in the labor market.»
Author: Drew Matus
«The labor market is hot and getting hotter, and that is one of the reasons the Fed continues to raise rates.»
Author: Drew Matus