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Lara Rhame Quotes

You can really think of productivity as magic fairy dust to sprinkle over growth to allow growth without inflation. That's really the way the Fed sees it. - Lara Rhame

Tags

Productivity | Magic | Fairy | Dust | Sprinkle |

Random

The markets have probably been too quick to connect the dots from the current slew of good data straight to a Fed rate hike. - Lara Rhame

This is a solid (GDP) release and should support the dollar's gains from earlier this morning. - Lara Rhame

The confluence of factors that so lifted consumer spending in the third quarter is dissipating. Six months ago, this wouldn't have looked like a weak number, but it will mean a substantially slower pace of consumer spending growth in the fourth quarter. - Lara Rhame

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