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John Ryding Quotes

«If we hadn't had Asia, there's no doubt that the Fed's economic model, with 350,000 job growth per month in each of the last four months, would have forced interest rates up.»
Author: John Ryding
«It's not the first time in the history of OPEC that we've had problems with cutbacks, and when the price goes up, then the cheating starts.»
Author: John Ryding
«From the Fed's perspective, slack in the production sector continues to diminish, which should maintain Fed concerns about upside risk to inflation.»
Author: John Ryding
«The decline in productivity was a quirk of the slow growth of GDP growth in the fourth quarter, which we expect to rebound in the first quarter.»
Author: John Ryding
«The decline in productivity was a quirk of the slow growth of GDP in the fourth quarter, which we expect to rebound in the first quarter.»
Author: John Ryding
«We see the funds rate rising to 5% by the May 10 FOMC meeting and we see an increasing risk of a 5.25% fed fund rate by the middle of the year.»
Author: John Ryding
«Housing construction looks to be another area that is likely to contribute significantly to growth in the first quarter and we remain comfortable with our projection of 5% real [gross domestic product] growth in the first quarter.»
Author: John Ryding
«Overall consumer inflation is still elevated and we remain concerned about the potential for pass-through of high energy prices into core inflation.»
Author: John Ryding
«The low level of jobless claims in January was believed to be partly due to unseasonably warm weather that would have resulted in fewer than normal seasonal layoffs. However, despite a return to more seasonally typical weather in February, unemployment claims have remained low.»
Author: John Ryding
«The plunge in durable goods orders in January is entirely due to volatility in transportation. The underlying details of this report are much stronger than the headline.»
Author: John Ryding

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