Central bank Quote by Raghuram Rajan

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

Very few countries grow at high rate if inflation is high and volatile. I think, in a way, we are doing our bit to…

— Urjit Patel

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

It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not…

— Paul Volcker

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

As a former economy minister, I can't not think about economic growth. The central bank should also think about this but through its own…

— Elvira Nabiullina

Growth is always there in the MPC's scheme of things; we don't lose sight of that, but not at the cost of inflation.

— Urjit Patel

Of course, looking tough on inflation is part of any central banker's job description: if investors believe that inflation is going to get out…

— James Surowiecki

While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect the long-run…

— Jerome Powell

Inflation is not only unnecessary for economic growth. As long as it exists it is the enemy of economic growth.

— Henry Hazlitt

No central banker would disagree with the proposition that inflation is primarily a monetary phenomenon. Not one of them will disagree that every inflation…

— Milton Friedman

You're having government spending on the economy being cut almost everywhere. That means that the only source of spending for growth has to come…

— Michael Hudson