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...Today’s report underscores the violence of the latest energy price shock, and the need for the Fed to be vigilant for any resulting pass-through to core consumer prices as we move into 2008,” said Kenneth Beauchemin...
...“The likelihood of further rate hikes this year is falling,” said Kenneth Beauchemin, US economist for Global Insight....
...Kenneth Beauchemin, US economist at Global Insight, said the data supported the Fed’s rate pause, but he still expected the FOMC to study the consumer price index....
...“Signs of a slowing economy and looser labor market conditions led the Fed to its recent suspension of its two-year campaign to tighten monetary and credit conditions,” said Kenneth Beauchemin, US economist...
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