83 Quotes by Diane Swonk

I think this is clearly the Fed saying 'we're willing to take out an insurance policy, we're not willing to risk recession',

We are a wealthy nation that rebuilds and fortifies. Ultimately, New York is going to more than recover the losses that this brought on.

To be turning our backs on people who want to work is kind of silly in an environment where you've got tight labor markets and we're getting older and need younger people to work.

Up front there are going to be enormous losses.

The question is not whether the consumer is slowing. From the Fed's perspective, it's whether the consumer is slowing down fast enough to keep inflation in check,

This speech is telling traders that the stability they've come so well to know is their own worst enemy, ... the bond market has not priced in enough risk.

There are many who, on a theoretical basis, would argue that now is the time the Fed should begin pulling back because we'll be feeling the bulk of the rate cuts when we already should have started tightening again.

Why screw around? If they're going to cut, they'll go a half-point. They're just not in a position to be taking risks.

We've got this sort of house of cards. It is either a strong house of cards or the whole thing could implode on us. It could go either way.