Michael Moran Quotes


5 Michael Moran quotes:



"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."
"There's going to be an element of caution in his testimony. I don't think he's going to be ready to declare that the recession is over."
Author: Moran Quotes Category: Caution Quotes
"There's a firm belief in the financial markets that inflation is under control and is not likely to emerge as a problem."
Author: Moran Quotes Category: Belief Quotes
"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: Moran Quotes Category: Information Quotes
"The fact that this gain occurred in a month when sales also increased implies it was intended inventory building. If firms had wanted to cut inventories, they could have used the increase in sales as an opportunity to cut further."
Author: Moran Quotes Category: Sales Quotes



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