Diane Swonk Quotes

You don't want this rally to be cut short before we get back on solid economic ground. - Diane Swonk

Why screw around? If they're going to cut, they'll go a half-point. They're just not in a position to be taking risks. - Diane Swonk

When the economy goes back down again, years down the road, will consumer credit be a major problem, like it was in the 1990-91 recession? ... Yes, it could come back to haunt us. But right now, it's a macroeconomic plus. - Diane Swonk

What the Fed told us today is, we don't think we are done yet and we are not sure when we will be done. - Diane Swonk

What can the Fed do about WorldCom? This is not an interest rate problem. This is not something they should be involved with. I'm sorry, Wall Street, but you can't look to the Fed to save you when they don't have the tools to save you on this one. - Diane Swonk

We've got this sort of house of cards. It is either a strong house of cards or the whole thing could implode on us. It could go either way. - Diane Swonk

We've got the strongest overall profit performance in 30 years, and these are real profits, not the fake ones we saw in the late 1990s. - Diane Swonk

We're more productive than we were in the 90s and frankly we didn't start hitting wage pressures in the 90s until about a 4-3/4 percent unemployment rate. - Diane Swonk

We weren't running our heaters very much this winter and this would have the effect of slowing down production. - Diane Swonk

We were expecting sales to remain in record territory today, not set new records. This really underscores the silver lining to clouds abroad. - Diane Swonk

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