Quotes of All Topics . Occasions . Authors
Monetary policy is not a panacea.
There are limits to monetary policy.
Monetary policy causes booms and busts.
I don't want Congress setting monetary policy.
There is no risk-free path for monetary policy.
Domestic inflation reflects domestic monetary policy.
The monetary policies of the US will destroy the world.
Inflation is always and everywhere a monetary phenomenon.
Any debate among politicians about monetary policy is counterproductive.
Monetary policy itself cannot sensibly be directed at reducing imbalances.
When monetary policy destroys the currency, it always destroys the middle class.
A good monetary policy follows inflationary expectations and not historical numbers.
At best, in such depression times, monetary policy is a feeble reed on which to lean.
The monetary policy instruments which Russia has at its disposal are pretty well developed.
We made a decision that monetary policy will be made by an independent European Central Bank.
It's a challenge for monetary policy to communicate that our inflation objective is 2 percent.
Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal.
I've always believed in expansionary monetary policy and if necessary fiscal policy when the economy is depressed.
In effect, there has been a significant shortfall in the overall amount of monetary policy stimulus since early 2009.
Monetary policy should never have been expected to shift economies to a sustainably higher growth trajectory by itself.
Government should eschew suasion and directives to banks on interest rates that run counter to monetary policy actions.
The main long-run contribution monetary policy can make is to provide a stable macroeconomic and financial environment.
The degree of monetary policy ease should be associated with the level of real interest rates, not nominal interest rates.
Beyond monetary policy, fiscal policy has traditionally played an important role in dealing with severe economic downturns.
Monetary policy should remain data dependent, be well communicated, and ensure that inflation expectations remain anchored.
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 loans.
Monetary policy is one of the most difficult topics in economics. But also, I believe, a topic of absolutely crucial importance for our prosperity.
The success of monetary policy should be judged by the economy's performance against our statutory mandates of price stability and maximum employment.
Monetary policy transmission encompasses the whole continuum of interest rates; of course, the central bank only determines the overnight policy rate.
It is an established scientific fact that monetary policy has had virtually no effect on output and employment in the U.S. since the formation of the Fed.
During the last campaign I knew what was happening. You know, they mocked me for my foreign policy and they laughed at my monetary policy. No more. No more.
So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.
In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade.
Monetary policy cannot do much about long-run growth, all we can try to do is to try to smooth out periods where the economy is depressed because of lack of demand.
The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure.
The monetary policy committee could either keep rates constant, increase them, or bring them down. There are three options possible compared to when it is accommodative.
Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy.
The role of monetary policy is to smooth out business cycles by promoting steady inflation and healthy labor markets, but modern central bankers have taken an activist turn.
When historical relationships are taken into account, it is difficult to ascribe the house price bubble either to monetary policy or to the broader macroeconomic environment.
Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.
Monetary policy is a blunt tool which certainly affects the distribution of income and wealth, although whether the net effect is to increase or reduce inequality is not clear.
I don't think that the ECB should compensate for the lack of reforms in some countries... But it is clear that monetary policy can help countries and continents to rebound faster.
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound.
Our ability to predict how the federal funds rate will evolve over time is quite limited because monetary policy will need to respond to whatever disturbances may buffet the economy.
I will be the first to say that it is always difficult to get monetary policy just right. But the Fed's analytical prowess is top-notch, and our forecasting record is second to none.
Monetary policy will, as always, respond to the economy's twists and turns so as to promote, as best as we can in an uncertain economic environment, the employment and inflation goals.
Ethereum may make monetary policy decisions like, 'Let's do 1% inflation to support the ongoing development of the Ethereum protocol.' A token built on Ethereum might want to do the same.
One factor that favors easier adjustment in EMEs is that U.S. monetary policy normalization has been and should continue to be gradual, as long as the U.S. economy evolves roughly as expected.
In stabilizing the macroeconomic environment, we have focused on aligning fiscal with monetary policy and nudging the central bank toward the objective of more market-determined exchange rates.
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 foreign reserves and changes in the money supply.