FastSaying
What matters for our well-being is the net output -- remember, depreciation charges are not available for consumption -- per person in the overall economy, not the gross output per hour worked in the non-farm business sector alone,
Jan Hatzius
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The U.S. consumer roars back.
— Jan Hatzius
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There is a more plausible explanation for the spending slowdown, namely the withdrawal of fiscal and monetary stimulus from a household sector whose finances remain stretched,
— Jan Hatzius
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A year ago, it was not that difficult to predict six months in advance where they were going to be. That's going to be harder when you are at 5 percent and you think the economy is going to be weak enough to get them to cut rates.
— Jan Hatzius
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The chairman now sounds notably more worried than previously that house prices have risen too much and that the downturn could have a severe effect on the U.S. economy.
— Jan Hatzius
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Oil is the dog that didn't bark. It's neutral because it's not far away from the average of where it's been over the past year.
— Jan Hatzius
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