Josh Stiles
Josh Stiles
building inflation pressures problem
We still need to keep the inflation pressures from building or there will be a problem in the future.
cyclical excessive focused forces happening inflation structural wrong
He's been wrong about what's happening with inflation for two years. He's more focused on structural disinflation forces than he is on the cyclical inflationary forces from excessive accommodation.
economy focus grow inflation keeping main maybe reason shifted strength
Strength in productivity is one main reason (that is) keeping inflation low, ... It has shifted the focus back to the economy - maybe the economy can grow at such strength without inflation.
buy few headline higher inflation next oil rise toward
I do think the rise in oil is significant enough already that that's going to buy us headline inflation higher in the next few months. We'll probably get up toward 3 percent.
basis currency data fed gaining inflation market maybe meaning morning move november pause points pressures price raises rates september
The idea that's been gaining currency in the market is the Fed pause theory, meaning that the Fed raises rates 25 basis points in September and then, because inflation pressures are contained, they pause for a while, skipping a move in November and maybe even December. The (producer price index) data this morning kind of fed into that theory.