Controls Quote by Steve Hanke

Most economists use 'fixed' and 'pegged' as interchangeable or nearly interchangeable terms for exchange rates.

— Steve Hanke

When financial sectors are small and capital is mobile, floating exchange rates spell massive currency volatility. When a lot of foreign capital flows in,…

— Zanny Minton Beddoes

The stability of the rate is the main issue and the Central Bank manages to ensure it one way or another. This was finally…

— Vladimir Putin

If a country is an attractive place for foreigners to invest their funds, then that country will have a relatively high exchange rate. If…

— Milton Friedman

The lesson for Asia is; if you have a central bank, have a floating exchange rate; if you want to have a fixed exchange…

— Milton Friedman

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

The problem is that, in a world of floating exchange rates, as Italy was before the euro, if one country is subjected to a…

— Milton Friedman

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

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

...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

Opt for a fixed-rate rather than an adjustable-rate mortgage.

— Suze Orman

Interest rates are used to achieve overall economic stability.

— Ben Bernanke