Anthony Chan Price Quotations

Next week's producer price index or consumer price index could tip the Fed in favor of a June hike if they're on the upside.

On the price deflator the numbers are a little bit stronger, so I am not as excited about that price number for GDP.

I think the Fed certainly looks at this as building up as pricing power on the part of companies, ... But (the price index) is still within the tolerable range for the Fed. That's not to say the Fed can relax and go on vacation, but I would say they're a relatively benign.

There's always that danger that the Fed gets impatient here. But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high.

There's always that danger that the Fed gets impatient here, ... But I think that most of the Fed governors today feel that gradualism is the best policy, because if they err on the side of doing too much, the price of being wrong is not so high.

It's a little disappointing to see core up that much. I was hoping for surprise on the downside for core as we got in the PPI (Producer Price Index) yesterday.

It's a little disappointing to see core up that much, ... I was hoping for surprise on the downside for core as we got in the PPI (Producer Price Index) yesterday.

The average hourly earnings figures were truly the spoiler of this report, ... It tells us that the Fed may now have to start becoming more vigilant about upcoming price pressures.

The new-home sales market is the canary in the coal mine. Builders have a better clue as to what the right price is to move a house.