24 Quotes by Peter Kretzmer

On balance, recent inflation reports have shown the Fed evidence of pipeline commodity price pressures but with little impact on consumer inflation trends,

That's consistent with the idea that labor market conditions are not really improving yet. They're not getting worse, either, but they've only stabilized.

If crude oil prices keep on rising, the chances that consumption is going to be hurt further down the line rises. That means the Fed could be more gradual in raising rates.

The huge U.S. trade deficit may finally be stabilizing.

The economy will grow faster in the first quarter. Consumer spending is recovering.

The main point is that when they sit down, they will conclude that what we want to do is to continue to remove the accommodative policy,