392 Quotes by Anthony Chan
- Author Anthony Chan
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What this does is basically vindicate Greenspan's policy,
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- Author Anthony Chan
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It's difficult to foresee a growth rate where we will find 320,000 jobs
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When we exclude the effects of the recent hurricanes, we have to come away with the conclusion that despite higher energy prices and a battery of hurricanes, the job market is not doing all that bad.
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- Author Anthony Chan
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There's no question these higher mortgage rates will take some of the shine off the resiliency in the housing market,
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It could raise expectations of a pause (in Fed interest rate hikes) after the August meeting,
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We're basically missing 5.1 million jobs at this stage of the expansion. You could even call it the case of the missing jobs, ... different paradigm.
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I think this is an important first step for the central bank. They didn't want to lower rates too aggressively for fear of sending a signal to the markets that they thought things were completely falling apart.
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It seems as though the inflation report provided a few component surprises but no overall surprises as apparel prices continued to drop despite the expectation that they would stabilize or rise slightly.
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There's no question the recovery is taking longer than people thought. People thought the economy would pick up very quickly and that we would have a typical garden variety economic recovery. That's not the case, but the good news is it is a recovery. You can't ask for more than that.
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