Creation Quote by Janet Yellen

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

— Alex Berenson

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

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

“The Fed is responsible for the financial markets. Financial markets hate inflation. Particularly bond markets. If the inflation rises, the Fed has to answer…

— Dean Baker

I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted…

— Alan Greenspan

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 Fed should make a clear commitment to stable money to reduce the swings in interest rates and inflation. Instead, it champions and flaunts…

— David Malpass

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

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered…

— Ron Paul

The Fed needs to adopt new tools, on its own and perhaps in cooperation with the other parts of the US government, to improve…

— Gerald Epstein

The Fed contributed to the financial crisis, keeping interest rates too low for too long. I give them credit for responding and stabilizing the…

— Kevin Brady

And let the Fed sell bonds to bring bank reserves back down to required reserve levels, so we have restraint on bank lending and…

— Arthur Laffer