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Bill Cheney Quotes

As long as unemployment is relatively high ... the Fed is under no pressure to start tightening. Right now, you have to think they've really won the war on inflation -- they're at least as worried about deflation as inflation at this point. They're not going to do anything that would jeopardize this recovery right now. - Bill Cheney

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Long | Unemployment | High | Pressure | Start |

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It's really a benign number, so no real new news. - Bill Cheney

Even though there probably is a recovery in the pipeline, there isn't going to be any clear evidence of it by the time we get around to the next meeting. - Bill Cheney

Record or near-record trade deficits spark howls of concern about the threat posed to the economic expansion, but like inflation, the trade deficit's bark has been far worse than its bite. April's deficit, another near record, simply shows that we are still importing like there is no tomorrow. - Bill Cheney

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