Bill Cheney Quotes
As long as unemployment is relatively high ... the Fed is under no pressure to start tightening. Right now, you have to think they've really won the war on inflation -- they're at least as worried about deflation as inflation at this point. They're not going to do anything that would jeopardize this recovery right now.
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Long | Unemployment | High | Pressure | Start |
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Every time you see another indicator that they (consumers) are still spending, that's encouraging.
- Bill Cheney
