28 Quotes by 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.

The real challenge on the energy front hasn't hit yet because it's not winter. When people start to get high heating bills, it will be another story.

More than ever before, people are looking to the stock market as the key to the economic recovery.

Mortgage rates have moved lower recently and housing could respond in coming months. But the latest information from this cyclical area shows some moderation.

Mortgage rates have increased an additional 35 basis points from their average in the first quarter,

I am looking for a 25-basis-point increase in the federal funds rate. The primary reason is because the unemployment rate has moved to a low level, and that low unemployment rate is starting to push the growth of wages higher. That is an early warning sign.

He will not have the votes on the board to demolish the building,

Though the (economic data) have been mixed, they've been more negative than positive, and the outlook for the risks the economy faces is distinctly on the downside. The Fed has more to gain by erring on the side of accommodation.

The decline was sharper than expected, but the reading was still respectable and in line with the averages that were in place right before the hurricane hit in late August.