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. Michael Moran
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.
This report is a sign that the manufacturing sector is on solid ground after a weak performance in 1998 and the early part of 1999. Michael Moran
This report is a sign that the manufacturing sector is on solid ground after a weak performance in 1998 and the early part of 1999.
We were at a very high level in the prior months, it seemed likely that a correction was going to come at us. The level of new homes sales is still healthy and the housing market is reasonably strong and it's just that we are not maintaining the same robust sales levels that we saw in prior months. Michael Moran
We were at a very high level in the prior months, it seemed likely that a correction was going to come at us. The level of new homes sales is still healthy and the housing market is reasonably strong and it's just that we are not maintaining the same robust sales levels that we saw in prior months.
Without question, the rate changes by the Federal Reserve will have influences on peoples lives. Michael Moran
Without question, the rate changes by the Federal Reserve will have influences on peoples lives.
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. Michael Moran
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.
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. Michael Moran
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.
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