Ethan Harris Next Quotations

We are going to get some follow-through, some hiring, but it will be slow. I don't see wage growth coming back in the next year.

The Fed is going to have a bias to be very easy in terms of policy, not just in the next couple of months, but well into the future.

Even with this dip, the unemployment rate is still about a percentage point above the level where it might threaten inflation. That means there's plenty of wiggle room for the Fed on policy. They're going to be patient and not change the wording of their statement next week.