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Gary Thayer Quotes
«The good news is that what we've seen is an unchanged reading for the nonpetroleum items and it looks like what we're still seeing is lower prices for many consumer items.»
Author: Gary Thayer
«If we'd had a substantial decline in the dollar against the Chinese currency we'd have probably seen a substantial rise in the price of some of the items that we buy from China.»
Author: Gary Thayer
«The good news is that what we've seen is an unchanged reading for the non-petroleum items ... so it doesn't look like we have a major inflation problem outside of oil, which is good for the Fed.»
Author: Gary Thayer
«[Still, the decision caught a few economists off guard.] I agree with the Fed's view that the hurricane doesn't pose a persistent threat to the economy, ... But I think that if the Fed had held rates steady, the recovery could've been a little smoother, maybe a little faster.»
Author: Gary Thayer
«Energy prices are dropping, and consumer spending is holding up despite rising unemployment . These are encouraging things the market is recognizing.»
Author: Gary Thayer
«The drop in August is just a pullback from that earlier surge in spending.»
Author: Gary Thayer
«I really don't read a lot into [the dissent]; it doesn't mean that's the direction policy is going to head. Some people interpret the risks differently than others, and that's what's happened this time.»
Author: Gary Thayer
«These numbers show the economy is indeed in recession, and they leave the door open for the Fed to cut rates again.»
Author: Gary Thayer
«It looks like we will have about a half-million lost jobs from the hurricanes and we have now seen the lion's share of that.»
Author: Gary Thayer
«It probably doesn't mean we don't see another rate increase, but it suggests that the Fed is not behind the curve and inflation is not getting out of control.»
Author: Gary Thayer