Cold Quote by Ben Bernanke

“As a reminder, among other things, the FOMC sets the fed funds interest rate, the rate at which commercial banks lend reserve balances to…

— Danielle DiMartino Booth

I think the actions taken by the (rate-setting) Federal Open Market Committee have been the appropriate actions. And I assume we will continue to…

— Bill Vaughan

“Setting monetary policy is the job of the Federal Open Market Committee (FOMC), composed of the seven members of the Board of Governors in…

— Danielle DiMartino Booth

The future path of the federal funds rate is necessarily uncertain because economic activity and inflation will likely evolve in unexpected ways. For example,…

— Janet Yellen

It's appropriate for the Fed to gradually and cautiously increase our overnight interest rate over time.

— Janet Yellen

When they so-called 'target the interest rate', what they're doing is controlling the money supply via the interest rate. The interest rate is only…

— Milton Friedman

The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress.

— Janet Yellen

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term…

— Ben Bernanke

Our ability to predict how the federal funds rate will evolve over time is quite limited because monetary policy will need to respond to…

— Janet Yellen

The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or do you…

— Michael Hudson

When it appears as though the governors of the Federal Reserve believe that the end of the rate increases is near, that's very good…

— Hugh S. Johnson

For me, appropriate policy means that we continue to reduce accommodation and return to a neutral federal funds rate

— Michael H. Moskow