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Diane Swonk Quotes
«The Fed will wait to see at least another month's worth of economic data before it makes a decision to ease. They want to see whether or not [weak] July data were more of an aberration or a trend -- two months will give them more cover to ease further.»
Author: Diane Swonk
«It's hard to kill this darn consumer, isn't it? Anyone who is losing sleep over the consumer is losing sleep over the wrong thing.»
Author: Diane Swonk
«The Fed doesn't want to be dealing with the old economy, with deficits returning. They're trying to have some impact on decisions made now without getting us into permanent problems.»
Author: Diane Swonk
«This is not much of a surprise. We've got a Fed saying growth is strong, but they're still hedging against a downturn. This is a Fed waiting to see the whites of the eyes of recovery.»
Author: Diane Swonk
«I don't think we're gong to get any more at all.»
Author: Diane Swonk
«Up front there are going to be enormous losses.»
Author: Diane Swonk
«We are a wealthy nation that rebuilds and fortifies. Ultimately, New York is going to more than recover the losses that this brought on.»
Author: Diane Swonk
«I think this is clearly the Fed saying 'we're willing to take out an insurance policy, we're not willing to risk recession',»
Author: Diane Swonk
«If they move between meetings it's usually a move to shore up confidence.»
Author: Diane Swonk
«The Fed is willing to overshoot the mark. I want to underscore that we're catching up. We're getting the market back in line, but we're not going to see positive earnings from that until we get into the third quarter,»
Author: Diane Swonk