Michael Pearce

"The core of the economy is resilient."

"Any boost to the economy from lowering tariffs in the near-term is likely to be partly offset by a prolonged period of uncertainty."

"It’s painful in the near term. It’s going to get more painful in April."

"It’s painful in the near term. It’s going to get more painful in April."

"It’s painful in the near term."

"With refund season behind us and gas prices still creeping higher, that will flip in the months ahead, putting downward pressure on spending growth."

"The minutes struck a hawkish tone."

""The combined impact of higher rates and higher energy prices is squeezing household budgets and adding to firms' costs.""