We still expect economic activity to slow over the next several quarters as consumer spending slows further and housing declines more because of higher interest rates and energy costs. The absence of inflation will be welcomed at the Federal Reserve. Steven Wood
Motivational, Inspirational, Funny Quotes
![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")
