Payroll employment for October will plunge sharply and unemployment will continue to rise, likely breaching 6 percent by early next year, Steven Wood
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![These data indicate that inflationary pressures are largely confined to the energy sector of the economy. Moreover, because inflation is a lagging indicator of overall economic activity, the recent sharp slowing of [economic] growth should dampen inflation over the balance of the year. - Steven Wood Quotes](/pic/img/img.php?text=VGhlc2UgZGF0YSBpbmRpY2F0ZSB0aGF0IGluZmxhdGlvbmFyeSBwcmVzc3VyZXMgYXJlIGxhcmdlbHkgY29uZmluZWQgdG8gdGhlIGVuZXJneSBzZWN0b3Igb2YgdGhlIGVjb25vbXkuIE1vcmVvdmVyLCBiZWNhdXNlIGluZmxhdGlvbiBpcyBhIGxhZ2dpbmcgaW5kaWNhdG9yIG9mIG92ZXJhbGwgZWNvbm9taWMgYWN0aXZpdHksIHRoZSByZWNlbnQgc2hhcnAgc2xvd2luZyBvZiBbZWNvbm9taWNdIGdyb3d0aCBzaG91bGQgZGFtcGVuIGluZmxhdGlvbiBvdmVyIHRoZSBiYWxhbmNlIG9mIHRoZSB5ZWFyLiA=&author=ICBTdGV2ZW4gV29vZCAgICA=&num=12 "These data indicate that inflationary pressures are largely confined to the energy sector of the economy. Moreover, because inflation is a lagging indicator of overall economic activity, the recent sharp slowing of [economic] growth should dampen inflation over the balance of the year. - Steven Wood Quotes")
