Haseeb Ahmed

The manufacturing surveys from September confirm that there has been no broad-based deterioration in activity due to the energy price read more

The manufacturing surveys from September confirm that there has been no broad-based deterioration in activity due to the energy price spike in the aftermath of Katrina. This is quite promising for the growth outlook.

Capacity constraints are clearly in the forefront and are what keeps the Fed going in the near term.

Capacity constraints are clearly in the forefront and are what keeps the Fed going in the near term.

Core inflation was the good news in the report. That calmed the financial markets.

Core inflation was the good news in the report. That calmed the financial markets.

I think there is significant confusion at the Fed itself.

I think there is significant confusion at the Fed itself.

It's clear that we've seen some pass-through of raw materials costs to producer prices, but retail inflation is still restrained.

It's clear that we've seen some pass-through of raw materials costs to producer prices, but retail inflation is still restrained.