Dean Maki Quotes

I think that they are likely to make some small modification to the forward-looking language ... saying something like 'further policy firming might be needed' rather than 'may be needed'.

- Dean Maki

Tags

Small | Modification | Language | Policy | Firming |

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The change from 'likely' to 'may be' takes away any strong signal they'll be raising rates. - Dean Maki

The strength across all labor-market indicators does suggest the Fed will likely raise rates in March. - Dean Maki

One way to interpret it is that sellers may have only been willing to sell if they got the prices they were expecting. Fewer got that, so there were less actual transactions as prices continued to rise. - Dean Maki