Quotations
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Michael Moran Quotes
«This is the first definitive evidence that we are starting to lose a little bit of vigor in this area,»
Author: Michael Moran
«At this point, with the information in hand I'm still inclined to look for [an interest rate increase of] 25 basis points from the Fed, but we're seeing some numbers start to pop up that lead you to wonder exactly what the Fed may do. It's not inconceivable that they might decide to hold steady at the end of June.»
Author: Michael Moran
«With various indicators showing signs of softening, the Fed will probably hold steady on June 28, ... We do not think they are finished for the year, but they do not have a compelling case to push further ahead after a 50-basis-point adjustment in May.»
Author: Michael Moran
«The new figures will reinforce the views now emerging among policy-makers that the economy has more inflation resistance than in the past. The gains also dampen the likelihood of (Fed interest rate) adjustments down the road. However, the new data does not assure that the Fed is done for this cycle.»
Author: Michael Moran
«Mortgage rates have moved lower recently and housing could respond in coming months. But the latest information from this cyclical area shows some moderation.»
Author: Michael Moran
«It's extremely important. I think it's going to have an important bearing on what the Fed decides to do with its monetary policy.»
Author: Michael Moran
«I was especially impressed with the new orders index. It rose more than three percentage points and is not far from 50 percent. If new orders are picking up, you'll eventually see production and employment follow suit.»
Author: Michael Moran
«The Fed will be encouraged by this, and it dampens somewhat the probability of a Fed easing, ... but I would still look for another move in December.»
Author: Michael Moran
«The situation has improved, but we're still not where we want to be.»
Author: Michael Moran
«The numbers suggest we're seeing a weak holiday shopping season. We could see a late surge, but the early portion of the month is looking slow.»
Author: Michael Moran