112 Quotes by Bill Cheney

The worst is over. We're on the road to recovery.

The rise in wages of 6 cents might cause jitters, but wage inflation is less of a worry now, especially with productivity still growing at a healthy clip. As the economy slows, the unemployment rate will continue to inch up and wage pressures should ease further.

Sooner or later rates will have to come back up to at least a 'neutral' level. But for now they've got the monetary policy lever just about where they want it, and it makes sense to do as little as possible for as long as possible.

Perhaps Santa's sleigh was a bit lighter than we thought.

Santa's workshop will be operating pretty much at full capacity. There just probably won't be much elf overtime.

The moment they think there are jobs there, they'll be out looking and the employment rate will start heading up again. I think that's on the whole a good sign at this point in the cycle.

The bottom line is, any number over 50 is encouraging. The fact that it's a little less than the consensus was expecting I don't think is that big of a deal.

This is a series that bounces around from one month to the next. There's enormous potential for particular incidents -- the weather, the timing of Easter, the release of a new movie -- to push retail sales around from one month to the next.

This is a perfect jobs report. Job growth slowed significantly and there are absolutely no signs of inflation. Greenspan may be pulling off what once seemed impossible: two soft landings in one economic expansion.