#monetary policy

Monetary policy is not a panacea. ↗

— Ben Bernanke

#monetary policy #panacea #policy

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. ↗

— William Vickrey

#effect #enter #exert #high #inflationary

Well, I think as long as people are talking about stimulus, I think the Fed will be thinking about cutting rates because monetary policy is the better way to go because you can turn it on and turn it off. ↗

— Franklin Raines

#because #better #better way #cutting #fed

In principle, there are only three main components of spending that much matter to monetary policy: consumer spending, business investment and exports and trade. ↗

— Evan Davis

#components #consumer #exports #investment #main

As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past. ↗

— Timothy Geithner

#behavior #broaden #continue #deepen #financial

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. ↗

— Martin Feldstein

#controls #fly #i #judgement #just