6 Quotes by Omer Esiner
- Author Omer Esiner
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So far (there has been) no pass through of high energy prices into core inflation. What sticks out most is that the New York state manufacturing survey was spot on with forecasts and not (as) disastrous as some had expected. That is consistent with the view that the economic impact of Katrina will likely be limited and temporary.
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- Author Omer Esiner
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Overall, we're kind of in a holding pattern here, more than anything else. The dollar is displaying a bit of heavier tone.
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- Author Omer Esiner
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The data does not change the optimistic outlook for the U.S. dollar, which has been fueled by the expectation of rising interest rates.
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- Author Omer Esiner
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(The budget proposal) does lay the groundwork for more fiscal responsibility out of the White House but this still has to be approved by Congress. Seeing how this plays out on Capitol Hill will affect the dollar.
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- Author Omer Esiner
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The numbers are consistent with the view that the Fed raises rates again next week.
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- Author Omer Esiner
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The dollar has benefited from the view that the Fed will raise interest rates at a more aggressive pace. Certainly, I think this week's economic numbers will support this view.
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