We’ve seen some gyrations in expectations due to the whipsaw that we’ve seen in the economic data. We’re looking for two more increases. At that point, the Fed must be a little bit cautious and...
—Glenn Haberbush
The Fed should be cautious about over-tightening and causing too much of a downturn in the housing market.
We’re still returning to pre-hurricane levels but in general this is a good report. This is further evidence labor markets are still healthy in the U.S.
The Fed sees the possibility of labor markets becoming tight, which could push up costs at some point. At this point we haven’t seen wage pressures but it’s something the Fed is watching.
The Fed is still on the tightening path. When you get to the bottom line, it’s just more solid employment growth.
The White House hasn’t floated its trial balloon yet.
Do Not Sell My Personal Information
Exercise your consumer rights by contacting us below Privacy Policy
[email protected]
Personalized advertisements
Turning this off will opt you out of personalized advertisements delivered from Google on this website.