Cutting Quote by Evan Davis

“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

You know what higher interest rates mean. To you it means a higher mortgage payment, a higher car payment, a higher credit card payment.…

— William J. Clinton

It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic…

— Jerry A. Webman

With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.

— Steve Hanke

Businesses and households react to lower rates by investing and spending more. Lower rates also support the prices of housing and financial assets such…

— Jerome Powell

Tax cuts are one of many ways to stimulate the economy. Building infrastructure, for example, is another.

— Richard Thaler

Traditionally, the way deficits have been cut is you hold expenditures more or less constant in real dollars and then let growth come in…

— Phil Bredesen

“While Krugman thus ignored the role of the Fed’s inflationary monetary policy, Ron Paul had explained that when interest rates are high, it encourages…

— Jeremy Hammond

Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the…

— Max Keiser

I have always said that a bank's lending rates do not only depend on rate cuts - it is just one signal.

— Chanda Kochhar

The Fed's low-interest policy not only encourages spending and borrowing, it discourages the one thing that best helps people raise themselves into higher economic…

— Mark Thornton

Raising interest rates might lead to some initial reductions in wealth by lowering asset prices, but it could also take a bite out of…

— Gerald Epstein