Context Quote by Jerome Powell

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

The main long-run contribution monetary policy can make is to provide a stable macroeconomic and financial environment.

— Jerome Powell

I will say this: the central banks can actually support growth beyond a point. When there is no inflation, they can cut interest rates,…

— Raghuram Rajan

When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit,…

— Li Keqiang

If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price…

— Martin Feldstein

I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.

— Paul Krugman

Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase…

— Milton Friedman

Requiring the Fed to focus on preserving the purchasing power of the dollar will create a solid foundation for economic growth.

— Kevin Brady

Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…

— Janet Yellen

The best way that a central bank can support growth on a durable basis is to ensure inflation is low, stable - there is…

— Urjit Patel

The Fed's job is not to stall growth or to prevent economic 'overheating.' It is to keep prices stable and the dollar a strong…

— Stephen Moore

Endorsing unconventional monetary policies unquestioningly is tantamount to saying that it is acceptable to distort asset prices if there are other domestic constraints on…

— Raghuram Rajan