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Patrick Fearon Quotes

The trend in general for the last several months has been in this ballpark, with initial claims being really pretty low compared with the size of the workforce and the size of the economy. So for some time, jobless claims have been and indicator that the labor market remains healthy and March payrolls probably will remain pretty healthy as well. - Patrick Fearon

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Trend | General | Months | Ballpark | Initial |

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The core PCE price index is a calming influence on the bond market... Inflation so far has far not gotten out of hand. - 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

If the core rate doesn't get out of hand and growth comes in moderate, at some point fairly soon the Fed could decide ... to stop raising rates. - Patrick Fearon

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