83 Quotes by Diane Swonk

There's no question that, given the right circumstances, the Fed wouldn't hesitate to spend 175 basis points. But they really have to have a good reason to put an insurance policy out there.

There's no reason to tip your hand because they are in a reactive phase.

There's nothing to be gained by saying anything right now, ... there's a lot of uncertainty... over how long it will have to raise rates.

Is the pressure on inflation behind us? I think not. Inflationary pressures are not going to surge overnight, but they'll creep up.

It was an extraordinary quarter for productivity growth. Katrina was expected to lop off growth and give us a crippled and less efficient quarter. Instead, it showed how remarkably resilient the U.S. economy was both in response to the hurricanes and the energy shocks that accompanied them.

After the fireworks we've seen coming out of Washington on Friday and Monday, I think the Fed would like to be the least bit of news this week.

Once you really start having bidding wars over people and you're willing to employ just about anyone who breathes, it's amazing what happens to the labor force participation rate.

The bottom line is the hiring is not going to be there.

The bottom line is, you're going to be waiting in more lines.