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Letter "B" » Bill Cheney Quotes
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«The bottom line is, any number over 50 is encouraging. The fact that it's a little less than the consensus was expecting I don't think is that big of a deal.»
Author: Bill Cheney
«I think the economy's momentum is still upward, but the data that have come out in the past month have weakened my confidence in that prediction. I haven't changed my forecast, but I've become a lot less certain about it.»
Author: Bill Cheney
«I don't really see this as down; it's really flat. We're still at a level well above the post-Sept. 11 low; and so long as it doesn't trend downward, I'm comfortable with the idea that consumer spending is going to hang in there.»
Author: Bill Cheney
«Corporations may be ultra-cautious, but at least they're not slashing jobs, and that's a net positive.»
Author: Bill Cheney
«There really is no inflation problem right now, and there's certainly nothing in the pipeline, with the economy as weak as it is.»
Author: Bill Cheney
«We're not only stuck in a soft patch; we're spinning our wheels. To get back to full employment, we need a lot more demand, and that's hard to see coming anytime soon from either domestic or international sources.»
Author: Bill Cheney
«Unless we're missing something, the unemployment rate will be shooting back up again very soon.»
Author: Bill Cheney
«What worries me the most is a slip backward becoming a spiral downward. Jobs are the linchpin of both consumer confidence and consumer spending. We can't sustain many more losses like this without that downward spiral getting started. This is the kind of data that could make the Fed think about easing again.»
Author: Bill Cheney
«I don't think the Fed is going to move today, but I think they probably will adjust their statement simply because of all the uncertainty around consumer and business reaction to war.»
Author: Bill Cheney
«While the labor market may feel like the weakest link in the recovery, really it's the last link. As long as employment doesn't collapse, the recovery will continue to gain strength. As it does, slowly jobs will be added and they will be the fuel that kicks the economy into a higher gear.»
Author: Bill Cheney
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