Banking Quote by Janet Yellen

Logically, it may be argued that banks could indeed lower interest rates and make up their profits through larger borrowing volumes. But banks, in…

— Sucheta Dalal

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

“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

By putting downward pressure on interest rates, the Fed is trying to make financial conditions more accommodative - supporting asset values and lower borrowing…

— 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

Interest rates are used to achieve overall economic stability.

— Ben Bernanke

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

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

— Ben Bernanke

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

— Alex Berenson

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

— Janet Yellen