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Oscar Gonzalez Quotes
«There is evidence that the weakening dollar also is beginning to have a positive effect. This is a good sign both for the future of our exports and for our hope to narrow the trade gap.»
«[The numbers reflect] a little bit of the unwinding of consumer spending, ... It's not all of that was unexpected, given the (weak) figures we had on retail sales.»
«The overall trend is still pretty dismal in terms of imbalances between imports and exports.»
«Higher oil prices and the stimulus coming from additional spending after Katrina both suggest that Fed would be on the side of raising rates.»
«Given the tightness of supply and demand, it isn't taking much to push energy prices sharply higher.»
«Strong but moderating retail sales and improving productivity suggest an economy that should continue to grow while avoiding overheating, ... The reports would seem to make it less likely that the Fed will need to move again this year.»
«The trend is now clear. Inflationary pressures are building and prices are rising; only the pace remains at issue, ... September's figures may prove to be just a spike, but we can't dismiss the growing risks of a sudden acceleration in inflation.»
«Energy prices stopped rising in July, and so did the PPI, ... So the worst may be over.»
«The labor market remains the Achilles heel of a robust economic recovery, ... With the Fed talking about lowering interest rates to zero to get the economy growing strongly again, getting people back to work and increasing demand may be the Fed's primary worry.»
«Inflation has picked up and there is some pricing power evident. Certainly by saying that, the Fed is telegraphing that they could easily increase rates by 50 basis points if they had to, even though at this point there doesn't seem to be a need for more than a quarter-point hike,»