Michael Moran
Michael Moran
adjustment ahead case compelling fed finished further hold june push showing signs steady various
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.
economy faces fed gain negative outlook risks side though
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.
averages decline hit hurricane late reading sharper
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.
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A nomination does not mean it will have clear sailing to being listed. What gets listed on the national register, unfortunately, is subject to the will of the governor's office.
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As far as the village is concerned, we'll preserve the status quo based on official county records.
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This is an especially good reading because I think that we face significant upside risks.
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He will not have the votes on the board to demolish the building,
capacity inflation perspective tenth
Capacity utilization was up one tenth and from an inflation perspective we still have ample capacity.
encouraged fed move somewhat
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.
coming distinct economy effect far four momentum percentage quarter small year
If you look at the momentum that the economy has had coming into the year 2000 and if you look at the very small effect that tightening has had so far on the economy I think there is a distinct possibility that we could see four tightening moves, all a quarter of a percentage point,
economy housing sector vulnerable
Housing is the most vulnerable sector of the economy at this time.
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The consumer sector has been on of the strongest in the economy, and that's the sector that (Federal Reserve chairman Alan) Greenspan worries about.
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The consumer sector has been among the strongest in the economy and I think that's the area that (Fed Chairman Alan) Greenspan and company are really worried about.
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The jump in energy prices during July and August represent a shock that could slow consumer spending and economic activity.