Burden Quote by Ben Bernanke

For highly indebted governments, low interest rates are critical to keep debt levels sustainable and ease pressure to restructure debt and recapitalize banks. The…

— Michael Spence

I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.

— Paul Krugman

Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long…

— Raghuram Rajan

The supply-side effect of a restrictive monetary policy, moreover, is likely to be perverse. High interest rates enter into costs and thus exert inflationary…

— William Vickrey

Near-zero policy rates that may be considerably expansionary in an economy with high inflation could be contractionary when inflation is too close to zero,…

— Athanasios Orphanides

For too long, our nation has relied on low interest rates rather than undertaking the necessary long term necessary economic reforms.

— Priti Patel

“Thus, increases in interest rates matter greatly for the economy as a whole. They not only cause direct reductions in investment spending and interest-sensitive…

— McConnell Campbell

Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…

— Janet Yellen

There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much…

— Wright Patman

However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest…

— Toshihiko Fukui

While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect the long-run…

— Jerome Powell

I will say this: the central banks can actually support growth beyond a point. When there is no inflation, they can cut interest rates,…

— Raghuram Rajan