Ability Quote by Jerome Powell

Inflation destroys savings, impedes planning, and discourages investment. That means less productivity and a lower standard of living.

— Kevin Brady

The government will always tell you that it wants low inflation. The real issue is the horizon over which to bring inflation down.

— Raghuram Rajan

Although low inflation is generally good, inflation that is too low can pose risks to the economy - especially when the economy is struggling.

— Ben Bernanke

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

A crucial responsibility of any central bank is to control inflation, the average rate of increase in the prices of a broad group of…

— Janet Yellen

The consequences of inflation are malinvestment, waste, a wanton redistribution of wealth and income, the growth of speculation and gambling, immorality and corruption, disillusionment,…

— Henry Hazlitt

We have been mandated by the government, backed by legislation, that we have to have an inflation target of about 4%.

— Urjit Patel

The supply-side effect of a restrictive monetary policy, moreover, is likely to be perverse. High interest rates enter into costs and thus exert inflationary…

— William Vickrey

The Central Bank should take into account other things as well: the stability of the bank system in the country, the increase or decrease…

— Vladimir Putin

After a long period in which the desired direction for inflation was always downward, the industrialized world's central banks must today try to avoid…

— Ben Bernanke

For society to function some kind of reasonable balance has to be stuck between the competing interests of creditors and debtors. Although the mandate…

— Linda McQuaig

However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest…

— Toshihiko Fukui