42 Quotes by Michael Gregory

Over the past several weeks we've moved from pricing in one further move by the Fed to odds favoring two moves.

Our last two fires had smoke detectors, but no batteries, ... We're praying to get the word out (about smoke alarms).

The question for the Fed is what inflation will look like in 12 to 18 months. The U.S. economy is still growing fast enough to use up slack that's out there in the economy, and that could present an inflation threat down the road.

This surprise rise in no way alters the broader view that the housing sector continues to cool.

With business outlays solid and foreign demand picking up, this will likely keep the Fed in the tightening game through the first half of the year.

Exports should find further support from the pickup in global economic growth.

Factory activity likely cooled slightly in December, but remains robust.

There is a lot of momentum in this economy. Consumer spending is continuing to march along, business spending is solid and you have a pick up in foreign demand.

Do they really want to end the party? Of course not, ... They want to tone the party down before something gets broken or damaged, or worse, before someone gets hurt. It's similar to a marathon: if you pace yourself properly you can get to the end without overexertion. That is what the Fed is trying to do here.