112 Quotes by Bill Cheney

Any time there's a jump in one index, you start to worry about the other one. And any time one of them is tame, you tend to assume that the outlook for the other gets better.

Every time you see another indicator that they (consumers) are still spending, that's encouraging.

The Fed chairman has a lot of latitude to do things the way he wants to. I don't see why he wouldn't carry the day the way he wants to.

Inflation is a potential risk. It's not a reality yet.

If there are danger signs brewing ... that make people very, very nervous, I don't see anything that could prevent the same kind of mood (as Black Monday's) from reappearing. It's clear that you don't need a very concrete, cut-and-dried kind of trigger to make people stampede if they're in the mood to be stampeded.

If unemployment sticks at about 6.0 percent and starts coming down, the Fed will probably feel it has to start tightening fairly soon.

If you're living on the edge, then when the price of gas and heating oil goes up, you end up over the edge.

In principle, rapid productivity should make wages rise, but it seems that until the job market tightens up a bit, all the productivity gains flow to corporate profits.

If there is a danger, it is that the report isn't capturing creative and hidden ways employers are boosting wages. I'm sure Greenspan has a sneaking suspicion that these kinds of things are happening and that they may at some point provoke a burst of wage inflation.