Agency Quote by Wright Patman

...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 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

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

It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic…

— Jerry A. Webman

If Congress wanted to intervene with the Federal Reserve, well, we created the Federal Reserve. We could uncreate it. But would you want Congress…

— Jim Cooper

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

It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to repay their…

— Paul Singer

What happened was that for every $100 of money, by which I mean the cash that people keep in their pockets, and the deposits…

— Milton Friedman

I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted…

— Alan Greenspan

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

— Alex Berenson

There's been a dichotomy in the world financial markets over the last 30 years between the developed markets and the developing markets. Brazil, for…

— Porter Stansberry

The Federal Reserve is the overlord of the money supply. If these two are not steering in the same direction, they can either neutralize…

— Wright Patman