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Bill Cheney Quotes

This is simply what a recession is like. This report represents real people and real pain, especially around the holidays. - Bill Cheney

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I think we're going to see absolutely more of the same. I don't think there will be any discernible change in the conduct of setting monetary policy. - Bill Cheney

It would be kind of like when they put through a substantial emergency rate cut when the market crashed in 1987. I don't think it is evidence of panic to treat what happened yesterday as an emergency. It's an emergency on many levels. - Bill Cheney

I don't really see this as down; it's really flat. We're still at a level well above the post-Sept. 11 low; and so long as it doesn't trend downward, I'm comfortable with the idea that consumer spending is going to hang in there. - Bill Cheney

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