Quotations
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Bill Cheney Quotes
«It's still the same story, that there really is no inflation problem at this stage of the cycle.»
Author: Bill Cheney
«This is simply what a recession is like. This report represents real people and real pain, especially around the holidays.»
Author: Bill Cheney
«It is a bit of a surprise.»
Author: Bill Cheney
«[Friday's report] probably reduces the odds of the Fed making another move [at its next meeting]. This is fairly benign report; it would have taken something a bit worse than this to get the Fed to move again.»
Author: Bill Cheney
«If unemployment sticks at about 6.0 percent and starts coming down, the Fed will probably feel it has to start tightening fairly soon.»
Author: Bill Cheney
«The worst is over. We're on the road to recovery.»
Author: Bill Cheney
«We've gotten to a point now where inflation is something which, for the most part, we don't really think about. And I guess that's exactly the way [Federal Reserve Chairman Alan] Greenspan wants it.»
Author: Bill Cheney
«It's another in the long series of the no-news-is-good-news story about inflation.»
Author: Bill Cheney
«We're still looking at job growth, but not enough to prevent unemployment from rising. If there were no special factors explaining this, it would be a rather dramatic piece of news.»
Author: Bill Cheney
«It takes something on the order of 150,000 new jobs a month to absorb the natural increase in the labor force. As long as we keep getting smaller positive numbers than that, the unemployment rate should be trending up rather than down.»
Author: Bill Cheney