Steve Stanley Quotes

While many will be disappointed that we will not necessarily see huge upward revisions to payrolls ... a significant upward revision to wages would also be a positive development, as it suggests that consumers have more firepower than we thought.

- Steve Stanley

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Disappointed | Necessarily | Huge | Upward | Revisions |

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The Fed may need to prove its inflation-fighting credentials because expectations could be shifting a bit. The case for continued rate hikes has become, if anything, more compelling since Katrina. - Steve Stanley

It is reassuring that the February drop in confidence appears to have been a one-off event rather than the beginning of a trend. - Steve Stanley

The bottom line is that, with employment and income gains picking up, it will take mortgage rates a lot higher than 6.24 percent to choke off housing demand. We will probably get to a level of rates that bites eventually, but certainly not in the next few months. - Steve Stanley