Diane Swonk Economic Quotations

He has faced many different kinds of economic environments. He has thrown away any kind of rule of thumb.

It adds up on paper to look a lot better than what it feels to people, ... not as many people are sharing in the economic gains.

Even more than the early 1990s, this is a jobless recovery. Productivity growth is playing twice the role it played in the early 1990s in driving economic gains, which means less payrolls growth.

You don't want this rally to be cut short before we get back on solid economic ground.

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.