15 Quotes by Anirvan Banerji

We have a pretty good idea (that growth will slow) for the first half and maybe through the summer. Beyond that, we ought to be honest and admit that it gets fuzzy.

There are times when the economy is resilient. In all of the shocks where recession resulted, it's like things were lined up like dominos -- you knock one down and they all come down. This is not one of those times.

There are times when the economy is quite vulnerable, so a gentle push (from oil) can tip the economy into actual recession.

Mr. Greenspan's 'conundrum' is a central issue here and asks whether the yield curve today means what it used to mean. Even if it does mean what it used to, the record is still pretty patchy anyway.

Growth is more likely to firm modestly from here and it's quite unlikely to ease much further.

Four years ago, the economy was in a very vulnerable state. Right now, the economy's window of vulnerability has slammed shut. Even though oil prices might have some impact on consumer spending, it's not likely to trigger a new downturn.

Wage growth is firm but it's not that elevated.

We are in a situation where we have rising raw material prices, which are very important in China, and a rise in food prices, which are important to Chinese laborers. That's inflationary, and these costs are being passed around.

The outlook for the second half is shakier -- but we do not see any sign of recession here.