Joel Naroff


Last quote by Joel Naroff

With inflation increasing at a similar pace (to wage growth), household spending power continues to go nowhere, and that is likely to restrain consumption going
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Apr 07 2017
Joel Naroff has been quoted 27 times. The one recent article where Joel Naroff has been quoted is The slow death of the retail industry hammered the jobs report. Most recently, Joel Naroff was quoted as having said, “It turns out a sluggish economy really doesn't create large numbers of new jobs.”.
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Joel Naroff quotes

Given Trump's political attacks on the Fed, would the person he might appoint be viewed more as a politician than a central banker? The previous two Fed chairs worked for presidents of both parties. Politicizing the Fed is a dangerous thing to

It is hard to have a full-blown, strong economic expansion if the manufacturing sector is hurting and that has been the case this

If workers don't have more money to spend, businesses will not see spending rise sharply, especially since people are trying to

We have no inflation, not a lot of consumer spending, not much production ... The data don't demand that the Fed do anything right

With households not buying, manufacturers stopped producing. If the Fed is data dependent, then the next time a hike would likely come is

It is beginning to look as if the economy went on vacation in August. The August data are troubling and they have to concern the Fed. There is no compelling reason for the Fed to raise rates in two

When you base policy on current data that are volatile, you get volatile policy statements and that is not a way to run

Up is nice, but there doesn't seem to be a major drive on the part of the companies to invest

Builders are building. But we have seemingly hit a lull and permit requests and construction activity are no longer accelerating

Will a strong job number and solid GDP growth matter to the Fed? Probably not. The (Fed) members are like pinballs, bouncing from one temporary crisis to the

The hand-wringing over the May jobs report may be

Reports of the consumers' demise appear to be

If the labor market is tightening, can the economy really be faltering?feedback

The lower unemployment rate and rising wages further support the view that the labor market is doing nothing but

While the economy may be growing due to decent consumer spending and a fairly solid housing market, the strong dollar, low oil prices and uncertainties overseas have combined to crater the manufacturing

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