Michael Gregory
Michael Gregory
demand domestic economy economy-and-economics exceed fourth growth looking remains spending stock underlying
Underlying demand in the U.S. economy remains solid, irrespective of the stock market. We are looking at growth in domestic spending that will probably exceed what we had in the fourth quarter.
economy economy-and-economics fast fed growing inflation present question slack threat
The question for the Fed is what inflation will look like in 12 to 18 months. The U.S. economy is still growing fast enough to use up slack that's out there in the economy, and that could present an inflation threat down the road.
base caution economy economy-and-economics err exactly fed high question remember seeing side signs starting
There is no question that the economy is slowing, but it's not exactly shrinking, either, ... We are seeing the first tentative signs of slowing, but you have to remember that we are starting at a very high base of growth. The Fed will still err on the side of caution and restraint.