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Joel Naroff Quotes

While wages didn't rise exceedingly rapidly, the low (jobless) rate is a warning that labor costs are probably going to increase further. - Joel Naroff

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Wages | Rise | Exceedingly | Rapidly | Jobless |

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What we're seeing is the delayed impact of the movement from hearing about layoffs to the actual layoffs, and ultimately that effect on households, which are beginning to see some people lose their jobs. - Joel Naroff

But if inflation does keep moving higher -- and right now, that is a real possibility -- the (Fed) is quite prepared to keep raising rates. - Joel Naroff

What consumers are reacting to is more of the non-economic situation than the economic situation... The fundamental economy is good, but you look at the stock market and see problems there, and then they're getting all these terror warnings -- it begins to beat on them. - Joel Naroff

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