Committee Quote by Urjit Patel

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

Government should eschew suasion and directives to banks on interest rates that run counter to monetary policy actions.

— Urjit Patel

If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

— Ludwig von Mises

I believe that the history of Fed policymaking is that, you know, there are times when we need to raise rates.

— Charles L. Evans

“Thus, increases in interest rates matter greatly for the economy as a whole. They not only cause direct reductions in investment spending and interest-sensitive…

— McConnell Campbell

Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment. As a result, I believe a…

— Janet Yellen

We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.

— Rodrigo Rato

...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

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

The supply-side effect of a restrictive monetary policy, moreover, is likely to be perverse. High interest rates enter into costs and thus exert inflationary…

— William Vickrey

There is always the potential for a central bank to engage in discretionary monetary policy and to break the one-to-one link between changes in…

— Steve Hanke

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

— Alex Berenson