112 Quotes by Bill Cheney

Today's employment report is just one month's report, but it's the one we've been waiting for, providing unambiguous good news about the labor market.

Weak employment growth but higher hourly earnings point Greenspan and the Fed in two different directions. Either the economy is slowing down and the Fed needs to sit tight, or inflation is starting to take off and another tap on the brakes may be necessary.

When demand does start to rebound, the Fed will have to deal with the delayed effects of a year of aggressive monetary stimulus. Short-term rates will almost certainly have to rise faster and farther than seems credible today. Of course, this is a problem that we now feel we would enjoy facing.

There is a certain appeal to going to a nice round number like 5 percent. But if we get some bad inflation numbers, then they won't stop at 5 percent.

We knew that it was a wet month and that rain tends to keep people away from shopping, so I thing a large part of this is actually a weather story.

We're not only stuck in a soft patch; we're spinning our wheels. To get back to full employment, we need a lot more demand, and that's hard to see coming anytime soon from either domestic or international sources.

There are a lot of untied ends so far, but we want to get these students into school, in a stable environment, as soon as possible. We want these students to be in an environment where they will be cared for - that will help them rebuild their lives and give them a sense that they are moving on.

The good news for workers is that productivity growth cannot continue at this pace. Demand will translate into jobs very soon, and in fact I think it's happening right now.

We were expecting to celebrate New Year's and instead got slapped with a pink slip.