Bill Cheney Quotes

There really is no inflation at the wholesale level.

- Bill Cheney

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Inflation | Wholesale | Level |

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Job losses cut directly into the spending of the newly unemployed, and indirectly tend to have a very real impact on the confidence of those who are still working. If demand falls, firms will lay off more employees, and the downward spiral could put us over the edge into a bona fide recession before the Fed's actions can take effect. - Bill Cheney

Even though there probably is a recovery in the pipeline, there isn't going to be any clear evidence of it by the time we get around to the next meeting. - Bill Cheney

The fact that prices have come down makes people feel better and they think the future looks better. - Bill Cheney