Oscar Gonzalez Economy Quotations

Consumers will continue to spend, and that will keep the economy chugging along for the next few months. But without some help, I worry that consumers could begin to falter later in the year. We need more business spending to fuel the economy's shift into a higher gear and sustain the recovery.

Consumers, who have kept the economy from drowning during this recession, continued to spend, albeit cautiously, in January and may be leading the way to recovery.

The latest economic releases are just another sign that the economy is quite sick. I am quite confident the Fed will react aggressively.

Strong but moderating retail sales and improving productivity suggest an economy that should continue to grow while avoiding overheating, ... The reports would seem to make it less likely that the Fed will need to move again this year.

Since the economy is softening, I expect inflationary pressures to subside. The door is still open for the Fed to continue easing rates, as necessary.

Inflation is on the mat and not getting up soon. With the U.S. economy still in a recession and economies around the world weak, demand is slack and resulting in no inflationary pressures at all. Simply put, no one can raise prices.

Today's figures simply reflect an economy still emerging from a recession; there's certainly nothing here to suggest inflation rising from the ashes. In terms of impact, it might as well be ancient history, especially now. The Federal Reserve is back to worrying about where inflation will be in six months, not where it was last month.

The inflation threat clearly seems to be fading as the economy cools, ... signal that the Fed may now shift its emphasis to growing the economy rather than fighting inflation. It allows them to start thinking about a rate cut sooner rather than later.

All eyes will now shift to next week's employment report. The figures we've seen over the past few weeks suggest it will be quite weak. The report may be enough to push the Fed into giving the economy another shot in the arm at their next meeting.

Jobs are a lagging indicator, and other economic indicators suggest the economy is in fact on the mend. We still expect it will continue to improve through the rest of the year.

The labor market remains the Achilles heel of a robust economic recovery. With the Fed talking about lowering interest rates to zero to get the economy growing strongly again, getting people back to work and increasing demand may be the Fed's primary worry.

The labor market remains the Achilles heel of a robust economic recovery, ... With the Fed talking about lowering interest rates to zero to get the economy growing strongly again, getting people back to work and increasing demand may be the Fed's primary worry.