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Letter "D" » Diane Swonk Quotes
«I'm a little bit surprised there isn't a 'monitoring' component [in the Fed's statement], ... They certainly left themselves open to ease further if they need to, but there's no urgency to it.»
Author: Diane Swonk
«Once they got the uncertainty of Katrina out of the way they just got back to their boilerplate statement,»
Author: Diane Swonk
«I'm a little bit surprised there isn't a 'monitoring' component [in the Fed's statement]. They certainly left themselves open to ease further if they need to, but there's no urgency to it.»
Author: Diane Swonk
«What can the Fed do about WorldCom? This is not an interest rate problem. This is not something they should be involved with. I'm sorry, Wall Street, but you can't look to the Fed to save you when they don't have the tools to save you on this one.»
Author: Diane Swonk
«The DVD burner, plasma screen TVs, digital cameras are the hot picks.»
Author: Diane Swonk
«We were expecting sales to remain in record territory today, not set new records. This really underscores the silver lining to clouds abroad.»
Author: Diane Swonk
«It will be very interesting to see Fed's decision today, which may include them standing pat in terms of no move on interest rates, and there is chance here they will now talk about risks being balanced between recession and recovery.»
Author: Diane Swonk
«It's a lot better than 1990-91, when we started out from a lower level. The bottom line is, consumers are going to be just fine. There's not going to be a bubble, like when we had 3.9 percent unemployment [in April 2000]. The labor market will tighten enough again, but for the moment it's going to be more balanced.»
Author: Diane Swonk
«The Fed needs firm evidence that the tire has hit the ground and that we're really moving forward in a very firm way. They're going to wait to see second quarter GDP [gross domestic product] and more evidence that business investment and equipment spending, especially in IT [information technology] is firm before they move to start normalizing rates.»
Author: Diane Swonk
«Retailers ordered extremely conservatively for the holiday season. The shelves aren't overly abundant with goods, and controlling inventories has finally made it into broad retailers, not just Wal-Mart. That's important because it means a lot of the early promotions we've seen have brought the consumers in, but has left less on the shelves with less selection.»
Author: Diane Swonk

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