Interest rate Quote by Danielle DiMartino Booth

“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 FOMC has considerable control over short-term interest rates. We have much less influence over long-term rates, which are set in the marketplace.

— Jerome Powell

Paying interest on reserve balances enables the Fed to break the strong link between the quantity of reserves and the level of the federal…

— Janet Yellen

“The Federal Reserve dictated not only the interest rates at which banks could borrow from one another, as it does today, but also the…

— Yaron Brook

...the Federal Reserve has the capacity to operate in domestic money markets to maintain interest rates at a level consistent with our economic goals

— Ben Bernanke

Under a cold turkey strategy, at each policy meeting the Federal Open Market Committee would make its best guess about where it ultimately wants…

— Ben Bernanke

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

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

What central banks can control is a base and one way they can control the base is via manipulating a particular interest rate, such…

— Milton Friedman

The Fed's ability to raise and lower short-term interest rates is its primary control over the economy.

— Alex Berenson

Financial market participants appear to recognize the FOMC's data-dependent approach because incoming data surprises typically induce changes in market expectations about the likely future…

— Janet Yellen