Bank Quote by Urjit Patel

The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates.

— Athanasios Orphanides

Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long…

— Raghuram Rajan

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

If we speak about fundamental things, regulation of the rate is actually the function of the main regulator, namely the function of the Central…

— Vladimir Putin

The central banks cannot control interest rates. That's a mistake. They can control a particular rate, such as the Federal Funds rate, if they…

— 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 monetary policy committee could either keep rates constant, increase them, or bring them down. There are three options possible compared to when it…

— Urjit Patel

It's appropriate for the Fed to gradually and cautiously increase our overnight interest rate over time.

— Janet Yellen

There are limits to monetary policy.

— Ben Bernanke

“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

Domestic inflation reflects domestic monetary policy.

— Martin Feldstein

...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