Quotations
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Bill Cheney Quotes
«We have solid job growth, but no significant inflationary pressures.»
Author: Bill Cheney
«I think the job market is on a roll.»
Author: Bill Cheney
«The U.S. economy is cruising along now.»
Author: Bill Cheney
«Monetary policy is the perfect instrument for these circumstances. The Fed can keep pushing as needed, but still can turn on a dime and pull back as soon as spending starts to rebound.»
Author: Bill Cheney
«The moment they think there are jobs there, they'll be out looking and the employment rate will start heading up again. I think that's on the whole a good sign at this point in the cycle.»
Author: Bill Cheney
«Sooner or later rates will have to come back up to at least a 'neutral' level. But for now they've got the monetary policy lever just about where they want it, and it makes sense to do as little as possible for as long as possible.»
Author: Bill Cheney
«The Greenspan Fed has inaction down to a fine art. They stood by through much of the late 1990s, allowing a very beneficial reduction in unemployment without suffering any inflationary consequences. When they do have to move, they do so quickly and surgically.»
Author: Bill Cheney
«I don't believe anybody thinks [this sort of] productivity growth can continue. What that means is we'll soon have a lot of job growth.»
Author: Bill Cheney
«Every time you see another indicator that they (consumers) are still spending, that's encouraging.»
Author: Bill Cheney
«The unemployment situation won't truly improve until businesses increase hiring a lot more than they did in February. It takes roughly 150,000 new jobs per month just to keep the unemployment rate steady, as population growth increases the work force.»
Author: Bill Cheney