Control Quote by Jerome Powell

“As a reminder, among other things, the FOMC sets the fed funds interest rate, the rate at which commercial banks lend reserve balances to…

— Danielle DiMartino Booth

“Setting monetary policy is the job of the Federal Open Market Committee (FOMC), composed of the seven members of the Board of Governors in…

— Danielle DiMartino Booth

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

— Alex Berenson

Financial market participants appear to recognize the FOMC's data-dependent approach because incoming data surprises typically induce changes in market expectations about the likely future…

— Janet Yellen

For too long, our nation has relied on low interest rates rather than undertaking the necessary long term necessary economic reforms.

— Priti Patel

We're seeing the yield curve steepen, that means long rates are going up but short rates are not because the Fed is holding them…

— Cathie Wood

Real short- and long-term rates were relatively high in the late-1990s, so financial excess can also arise without a low-rate environment.

— Jerome Powell

Investors that do the best, and have done the best, are those that stay and compound at above-average rates over the long term.

— John Paulson

Over time, low rates can put pressure on the business models of financial institutions.

— Jerome Powell

...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

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

Big banks, highly leveraged casinos, do whatever they can to keep the cost of their gambling as cheap as possible. This means keeping interest…

— Max Keiser