Larry Summers is the economic conscience of Rubin. He is the economic half of that team. Rubin had market smarts and the political savvy Larry Summers was, in many ways, the economic mastermind here.
More Quotes from Diane Swonk:
The question is not whether the consumer is slowing. From the Fed's perspective, it's whether the consumer is slowing down fast enough to keep inflation in check,Diane Swonk
There's a difference between good growth and bad growth at this stage of the cycle and this is clearly not the kind of inflationary growth that the Fed gets overly concerned about,
Diane Swonk
That's basically what the statement says 'If the economy's weakness is not due to Iraq, we'll ease. If it is Iraq and things clear up, and we get the economy springing back, we'll leave things unchanged,'
Diane Swonk
More and more retailers are feeding on a smaller consumer pie, and many are going away hungry, ... What Wall Street Wants from the Retail Industry.
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
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
Readers Who Like This Quotation Also Like:
Based on Topics: Economics Quotes, Politics Quotes, Summer QuotesBased on Keywords: mastermind, rubin
People at .08 are too impaired to drive. Studies show that at .08, the ability to perform critical driving functions is decreased by as much as 60 percent.
Frank Lautenberg
The reason I think I'm a good pitcher is I locate my fastball and I change speeds. Period. That's what you do to pitch. That's what pitchers have to do to win games.
Greg Maddux
I talked to women who lived there, to get their speech patterns and outlook on life - and how narrow that is.
Ellen Burstyn