Quotations
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Rick Egelton Quotes
«Retail sales -- a little disappointing when you look outside autos. All in all, it suggests moderate growth in consumer spending.»
Author: Rick Egelton
«A very solid number, indicating that manufacturing is continuing to expand.»
Author: Rick Egelton
«When you take (the report) alongside all the other indicators, particularly the purchasing managers' survey, it confirms the economy is indeed in recovery.»
Author: Rick Egelton
«For consumer spending to be sustained at any meaningful pace you need a more substantial improvement in payrolls.»
Author: Rick Egelton
«The unemployment rate stood at 6.1 per cent in November - the lowest rate since mid-2001. The return to higher growth in 2006 should allow the annual unemployment rate to decline slightly in that year.»
Author: Rick Egelton
«We expect the overnight rate to reach 4 per cent by April, and 4.5 per cent by the fall of 2006.»
Author: Rick Egelton
«We expect further declines in 2006 and subsequent years as pent-up demand is fulfilled and as interest rates rise over the medium term.»
Author: Rick Egelton
«The No.?1 threat for Canada going forward is the U.S. dollar.»
Author: Rick Egelton
«I think the pass-through has been much quicker than it has in the past.»
Author: Rick Egelton
«We are seeing the prices-paid component getting up there, a fairly strong number, which I think will likely heighten the Fed's concern on the inflation front,»
Author: Rick Egelton