Long Quote by Janet Yellen

Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy…

— Ben Bernanke

There are limits to monetary policy.

— Ben Bernanke

Monetary policy causes booms and busts.

— Edward C. Prescott

Monetary policy should remain data dependent, be well communicated, and ensure that inflation expectations remain anchored.

— Gita Gopinath

Inflation is probably the most important single factor in that vicious circle wherein one kind of government action makes more and more government control…

— Friedrich August von Hayek

Monetary policy will, as always, respond to the economy's twists and turns so as to promote, as best as we can in an uncertain…

— Janet Yellen

My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central…

— Janet Yellen

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 monetary policy committee could either keep rates constant, increase them, or bring them down. There are three options possible compared to when it…

— Urjit Patel

Monetary policy ultimately must be conducted in a pragmatic manner that relies not on any particular indicator or model but, instead, reflects an ongoing…

— Janet Yellen

Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long…

— Raghuram Rajan

I will be the first to say that it is always difficult to get monetary policy just right. But the Fed's analytical prowess is…

— Janet Yellen