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Diane Swonk Quotes

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. - Diane Swonk

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Extraordinary | Quarter | Productivity | Growth | Katrina |

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Kick back, put up his feet for a bit and not have to carry the burden of keeping the economy going alone. - Diane Swonk

A limited statement would be more productive because the Fed is trying to deal with psychological issues. They want the focus to be on their action, not their words. - Diane Swonk

The Fed wants to see whether this July data, this bad economic data, was an aberration, and two months will make it clearer. If they see more instability in financial markets, they will take it lower. - Diane Swonk

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