[The numbers] are clearly good news for the Fed, ... Strong productivity numbers raise the economy's speed limit and dampen inflationary pressures, lessening the magnitude of the rate increases that the Fed would have to implement. The key question, however, is: what level of productivity growth is reasonable to assume for the future? 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")
