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Diane Swonk Quotes
«This is a very unusual recession in that the consumer did not collapse and incomes are in the black,»
Author: Diane Swonk
«The Fed will sit on its hands. There's really no reason to do otherwise. The economy's falling into place as the Fed thought -- it's in a soft spot, with some light at the end of the tunnel.»
Author: Diane Swonk
«After the fireworks we've seen coming out of Washington on Friday and Monday, I think the Fed would like to be the least bit of news this week.»
Author: Diane Swonk
«More and more retailers are feeding on a smaller consumer pie, and many are going away hungry, ... What Wall Street Wants from the Retail Industry.»
Author: Diane Swonk
«The bottom line is, you're going to be waiting in more lines.»
Author: Diane Swonk
«Not only are retailers doing more with less, like every other large corporation, and taking advantage of six fewer days in the shopping season, but they are actually hiring less this holiday shopping season, so there's fewer people on the floors actually helping consumers out.»
Author: Diane Swonk
«Even more than the early 1990s, this is a jobless recovery. Productivity growth is playing twice the role it played in the early 1990s in driving economic gains, which means less payrolls growth.»
Author: Diane Swonk
«The bottom line is the hiring is not going to be there.»
Author: Diane Swonk
«There's no question that, given the right circumstances, the Fed wouldn't hesitate to spend 175 basis points. But they really have to have a good reason to put an insurance policy out there.»
Author: Diane Swonk
«The Fed wants to see whether this July data, this bad economic data, was an aberration, and two months will make it clearer. If they see more instability in financial markets, they will take it lower.»
Author: Diane Swonk