It's hard to kill this darn consumer, isn't it Anyone who is losing sleep over the consumer is losing sleep over the wrong thing.
More Quotes from Diane Swonk:
Once they get that debt paid off, it's just free cash flow.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
I view the risk as very high that the Fed shifts its bias to tighten (interest rates) sooner than we had forecast. The risk is rising that they will move sooner.
Diane Swonk
They're now looking at the demand trade-off on oil prices, not just the inflation trade-off, which will make Fed policy much more complicated. It's a subtle but important change.
Diane Swonk
The conference takes Fed staff and academics out of their ivory tower ... It's the unique mix of those individuals that's the beauty of it.
Diane Swonk
He's certainly opened the door to another rate cut.
Diane Swonk
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I now teach at American University and the University of Virginia.
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It will never rain roses: when we want to have more roses we must plant more trees.
George Eliot