Growth Quote by Urjit Patel

Interest rates are used to achieve overall economic stability.

— Ben Bernanke

Let's have honest interest rates. Let's let the free market set interest rates in that zone where supply of savings is matched up with…

— David Stockman

If you happen to be the only one with negative interest rates, you also weaken your currency, which means you make your exports more…

— Mohamed El-Erian

Clearly, for capitalism to work properly we must expect some upward normalisation of interest rates at some future point, to provide greater incentive for…

— Kwasi Kwarteng

For highly indebted governments, low interest rates are critical to keep debt levels sustainable and ease pressure to restructure debt and recapitalize banks. The…

— Michael Spence

Banks should contribute to the real economy, make a positive contribution to economic growth.

— Jeroen Dijsselbloem

The problem is that you're creating a system of bubble finance where interest rates are so low that people can speculate. An asset value…

— David Stockman

Very deliberately, the central bankers have punished savers, pushing interest rates so low that any truly safe investment - and older people are always…

— Neil Macdonald

With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.

— Steve Hanke

Negative interest rates hurt banks' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.

— Joseph Stiglitz

The rate of interest acts as a link between income-value and capital-value.

— Irving Fisher

Any country whose currency is used as a reserve enjoys tremendous benefits because those currencies gain a significant discount to financing costs.

— Porter Stansberry