70 Quotes by David Wyss

Usually coming out of a recession, you get a real spurt in productivity, which we got, but now things are settling down to what by historical standards are still very strong gains in productivity.

We're expecting oil prices to continue to come down. They're now about $60. We expect to be down around $50 by the end of the year.

There is a risk that energy could break out into a bigger inflation problem. We have gotten through Katrina and oil prices have backed off a bit, but there is a risk that if we have a harsh winter, energy prices will rise again.

We might have a lower unemployment rate and a somewhat lower gross domestic product, but it wouldn't be a huge impact.

My guess is things will cool abruptly; the question is do they do it by June 29.

Natural gas is definitely a problem. If we have a mild to normal winter, we are OK. But if we have a colder winter than normal, we just don't have enough natural gas.

Politically, I wouldn't raise rates on the 20th. Raising rates when you are trying to recover from a disaster like this is sending the wrong message.

I have full faith in the ability of the American consumer to keep spending.

I don't know whether he's going to have much input, but it would shock me if he didn't have some. He's talking to the people at the board who are writing this stuff and making sure that things look sensible -- something that he can live with.