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Anthony Chan Quotes
«I think this is the best of all possible worlds for the Fed. They'd like to see the economic expansion sustained without the side effect of higher inflationary pressure from wages.»
Author: Anthony Chan
«About 70 percent of the average cost of producing a product is wages,»
Author: Anthony Chan
«My suspicion is the value of the dollar has to continue to weaken. Until we see further reduction in the value of the dollar, we won't be turning the ship around.»
Author: Anthony Chan
«He's saying so far there is sufficient flexibility that we can tolerate a higher deficit than we could 10 years ago. He didn't say ignore it.»
Author: Anthony Chan
«All the focus is on the core number. The Fed said yesterday that energy has not worked its way down to core consumer prices.»
Author: Anthony Chan
«There are a lot of good factors out there.»
Author: Anthony Chan
«Companies are hiring, but they're only hiring in a kicking and screaming mode. They explore all other options before they agree to add staff.»
Author: Anthony Chan
«The average hourly earnings figures were truly the spoiler of this report, ... It tells us that the Fed may now have to start becoming more vigilant about upcoming price pressures.»
Author: Anthony Chan
«We've seen a sea change in the way the financial markets and economy watchers are looking at the world, ... For many months, people thought the economy was so strong and robust, they could ignore these head winds.»
Author: Anthony Chan
«But what we've seen is if you hit the economy over the head enough times with higher energy prices and short-term interest rate hikes, it reacts.»
Author: Anthony Chan