Mark Vitner Inflation Quotations

The prices paid is still way up there, inflation is still running a little hot, enough that the Fed will continue to raise interest rates.

If we see an increase in rent we could really see inflation numbers pick up in a meaningful way.

Anecdotal evidence and common sense suggests that core inflation has not been anywhere near this tame.

Normally, economists downplay periodic swings in energy prices. However, the most recent run-up is a source of concern because it may be raising inflation expectations. Workers do not live in a world that excludes food and energy prices. Wage demands, especially in the current tight labor market, will be based on the increase in the overall CPI.

Normally, economists downplay periodic swings in energy prices, ... However, the most recent run-up is a source of concern because it may be raising inflation expectations. Workers do not live in a world that excludes food and energy prices. Wage demands, especially in the current tight labor market, will be based on the increase in the overall CPI.

Coming on the heels of the recent spate of weaker economic reports, the better than expected inflation news will probably cause the Fed to leave interest rates unchanged at their June FOMC meeting, ... It is still way too soon, however, to conclude that the Fed is done.

This may be the last bad PPI report we'll see for quite some time, ... This might be the height of this particular inflation scare.

This is the type of report we would expect to see, given the slowdown that we've already experienced in the economy, ... Companies don't have any pricing power, and if they don't have any pricing power, then inflation can't really be a threat.

The Fed can't wait for core inflation to pick up before they act,

Inflation at the end of the day is headed higher, it's just not going to happen that dramatically this year.

The economy may stagnate but it's not going to inflate. The core rate of inflation probably peaked in March.