The labor market exhibited renewed strength, which suggests that manufacturers and service providers expect the current acceleration in growth to be maintained in the coming months.

Tight labor market, acceleration in wages -- it's a description of an economy that's simmering, but it hasn't boiled over yet into inflation.

The point about labor market weakening suggests the Fed's ... worried about that. That drives home the point they're going to keep these rates unchanged for a long period of time.

The point about labor market weakening suggests the Fed's ... worried about that, ... That drives home the point they're going to keep these rates unchanged for a long period of time.

In Asia, we see growth remaining steady and fast.

The base of global growth is strengthening and broadening overseas. It looks like we're picking up the pace and we're moving back into above-trend growth rates.