Justin Lahart

speaker

1,185 appearances 22 recordings 1 series first heard Jul 2017 last heard Dec 2024

Justin Lahart’s voice in public audio — every appearance, attributed to the second.

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Appearances

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WSJ Your Money Briefing · Is the Fed Too Conservative in Growth Forecasts? · 27 Mar 2018 podcast

Yeah, that might be it. voice-verified

Right. voice-verified

And then it's but it's still, you know, at a certain point, you have to say, you know, gosh, you know, the unemployment rate is at four point one percent. voice-verified

If we're going to have, you know, any kind of growth for much longer, it seems like it's going to go below four. voice-verified

That seems sort of like a startling number. voice-verified

Seeing, you know, a three handle on the. voice-verified

on the unemployment rate, you'd think that that would cause some wage increases, justify higher rates, but that isn't quite happening right now. voice-verified

Yeah, I think that that's right. voice-verified

And I think this also goes back to, you know, I think that people have been so wrong in their forecasts about the economy that maybe there's a little more humility now. voice-verified

And I think one of the hallmarks of Janet Yellen's Fed was we're going to wait until we see it before we do something. voice-verified

So they weren't going to just sort of say, voice-verified

Well, we're going to forecast it. voice-verified

We're going to believe in our forecast. voice-verified

And therefore, we're going to react to our forecast before we actually see what the economy is doing. voice-verified

I think there may be a continuation of that. voice-verified

So, yeah, it seems like we should have a lot stronger growth than what they have penciled in given all this stimulus. voice-verified

Yeah, it seems like there should be justification for more rate increases. voice-verified

Right. voice-verified

But maybe they're just going to wait and see. voice-verified

WSJ Your Money Briefing · Rising Wages: A Risk to the Economy, Too · 27 Feb 2018 podcast

The thing about inflation, right, so people think, well, you know, labor market gets tight and then people have money and then they spend it and then prices go up. voice-verified

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