Patrick Fearon Quotes


With energy prices at least roughly flattening out, and with the labor market continuing to strengthen, those are probably two of the main reasons people are starting to get more optimistic. - Patrick Fearon



Whether you look at the core personal consumption expenditure index on a monthly basis or a year over year basis, the inflation trend is basically 'steady Eddie. - Patrick Fearon



We've now had three straight quarters of above-average growth, and that's nothing to sneeze at. - Patrick Fearon



We're probably close to the point where there will be a take-off in investment and wage growth. - Patrick Fearon



We're getting close to the weekly level of new claims that was typical of the months leading up to the late-summer hurricanes and the spike in energy prices. - Patrick Fearon



We still think that the growth rate will slow substantially in the fourth quarter, in part because the housing sector is softening which will tend to soften consumer spending as well. That is one factor that will probably help the Federal Reserve eventually conclude its monetary tightening cycle. - Patrick Fearon