Central bank Quote by Milton Friedman

What central banks can control is a base and one way they can control the base is via manipulating a particular interest rate, such…

— Milton Friedman

There's only one thing that all of the central banks control and that is the base, their own liability, and they can control that…

— Milton Friedman

“The Federal Reserve dictated not only the interest rates at which banks could borrow from one another, as it does today, but also the…

— Yaron Brook

...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

There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much…

— Wright Patman

I think we do need to try to not just rely on the central bank to, in its wisdom, adjust interest rates, but allow…

— Robert J. Shiller

The financial system has to be regulated, we have to end with the tax havens, and it's necessary that the central banks in the…

— Luiz Inacio Lula da Silva

When they so-called 'target the interest rate', what they're doing is controlling the money supply via the interest rate. The interest rate is only…

— Milton Friedman

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

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

— Alex Berenson

The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for…

— Mohamed El-Erian

It seems to me that a market exchange rate which is not artificially controlled by central banks enables one to balance the interests of…

— Elvira Nabiullina