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More - Michael Englund Quotes

In general, the economy is proving to be resilient to energy and gas price pressure. It's on a growth path. Even though oil prices are higher, the fundamentals of the economy are strong. Therefore, we see consumers' savings rate falling and spending up. - Michael Englund Quotes

In general, the economy is proving to be resilient to energy and gas price pressure. It's on a growth path. Even though oil prices are higher, the fundamentals of the economy are strong. Therefore, we see consumers' savings rate falling and spending up.

Michael Englund

The net effect on the economy is always positive. We have more consumers of energy than producers and the result is that the sector that benefits from low inflation and low interest rates comes out ahead. - Michael Englund Quotes

The net effect on the economy is always positive. We have more consumers of energy than producers and the result is that the sector that benefits from low inflation and low interest rates comes out ahead.

Michael Englund

Overall, they were a bit concerned about inflation and see strong growth, which supports the notion that they will continue to tighten policy. But after Katrina, all bets on how much they might tighten are off the table, - Michael Englund Quotes

Overall, they were a bit concerned about inflation and see strong growth, which supports the notion that they will continue to tighten policy. But after Katrina, all bets on how much they might tighten are off the table,

Michael Englund

It's a slow week for releases, ... I think there's almost no chance the productivity revision or the wholesale inflation numbers will have much effect on the Fed's March policy decision. - Michael Englund Quotes

It's a slow week for releases, ... I think there's almost no chance the productivity revision or the wholesale inflation numbers will have much effect on the Fed's March policy decision.

Michael Englund

We may be seeing the unwinding of the boost from post-Katrina spending. - Michael Englund Quotes

We may be seeing the unwinding of the boost from post-Katrina spending.

Michael Englund

Consumers are always concerned about the economy but the key is whether they are predisposed to increasing caution when it comes to spending. I think today's report demonstrates that the hurricanes had an ambiguous affect on spending. - Michael Englund Quotes

Consumers are always concerned about the economy but the key is whether they are predisposed to increasing caution when it comes to spending. I think today's report demonstrates that the hurricanes had an ambiguous affect on spending.

Michael Englund

We're expecting a solid year for equipment and software spending. Businesses seem to have very optimistic plans for investment in 2006. - Michael Englund Quotes

We're expecting a solid year for equipment and software spending. Businesses seem to have very optimistic plans for investment in 2006.

Michael Englund

The story is all about oil. This is still a fluid situation but we have enough information to feel comfortable lowering our economic growth estimate even further. - Michael Englund Quotes

The story is all about oil. This is still a fluid situation but we have enough information to feel comfortable lowering our economic growth estimate even further.

Michael Englund

Going into the hurricane we had a shortage of refining capacity anyway. This just throws a hand grenade into the already delicate balance. - Michael Englund Quotes

Going into the hurricane we had a shortage of refining capacity anyway. This just throws a hand grenade into the already delicate balance.

Michael Englund

There has been a remarkable surge in spending and it will probably continue for another five or six months. - Michael Englund Quotes

There has been a remarkable surge in spending and it will probably continue for another five or six months.

Michael Englund

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