27 Quotes by Charles Lieberman

We continue to see very rapid economic growth which has been a problem for the Fed all along. We have not seen a material increase in labor costs and that's what I think is going to be the ultimate problem in the economy somewhere down the road, though clearly it's not imminent.

The fact that claims are low is very comforting.

When a doctor administers medicine, he or she makes a judgment about the appropriate dosage in advance. The Fed has to make that judgment, but there's a chance they've already given out the right dosage and just need an appropriate amount of time for it to take effect.

Unemployment is sufficiently high, and the economy has just come out of a relatively mild recession, so inflation pressures are relatively soft right now. It will take a while of solid growth before we have upward pressure on inflation, so the Fed can be a little relaxed about it.

It wouldn't be surprising if there was a little bit of a pullback in consumer spending in the first quarter as well because of the zero-percent financing in the fourth quarter, which makes for a very difficult comparison.

As long as the productivity numbers are very good, the higher wage gains can be offset by higher productivity gains,

This is a very strong report. The economy clearly is growing too strong and it's not going to stop on a dime, which is not very convenient to suit the Fed's needs and to meet the stock market's needs.

This is a very strong report, ... The economy clearly is growing too strong and it's not going to stop on a dime, which is not very convenient to suit the Fed's needs and to meet the stock market's needs.

There is this simplistic notion around that because the yield curve is inverted, therefore, economic growth is going to slow down, but ... no consideration is given as to why the economy would slow down.