“We'll see one more hike certainly, perhaps two, but as the Fed keeps saying now, the future course of interest rates will depend on the data. We're not on cruise control anymore.”
“I don't think this will have much impact on Fed thinking, not at this point; 25 basis points in January is baked in the cake. So we'll see one more hike certainly, perhaps two, but as the Fed keeps saying now the future course of interest rates will depend on the data. We're not on cruise control anymore.”
“Historically, capacity utilization over the 81 level could bring some production bottlenecks into play throughout the economy which could put upward pressure on prices.”
“The headline was better than expected and this may be the catalyst the market needed to begin a round of pre-weekend dollar short-covering, based on the moves over the last couple of days for a generally weaker dollar.”
“At some point, the market is going to return its focus on the current account and the U.S. fiscal deficits (but) at the moment, interest rates are still driving the dollar.”
“The fact is, we've worked so hard to get to the point where we finally see revenues, we would sure like to be able to keep it and put it to common use for our residents.”
