Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.
quote by Ben Bernanke
Submitted by Lucian Velea
Vote! | Copy!
Related quotes
If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.
quote by Ben Bernanke
Submitted by Lucian Velea
Vote! | Copy!
Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.
quote by Ben Bernanke
Submitted by Lucian Velea
Vote! | Copy!
We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.
quote by Rodrigo Rato
Submitted by Lucian Velea
Vote! | Copy!
If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth.
quote by Martin Feldstein
Submitted by Lucian Velea
Vote! | Copy!
The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well.
When interest rates are high you want the average direction in which interest rates are moving to be downward; when interest rates are low you want the average direction to be upward.
Right now the long-term investors are telling us that they're not as concerned about inflation and so we're seeing these rates now move into the marketplace and out to the street - rates that individuals can get.
quote by Franklin Raines
Submitted by Lucian Velea
Vote! | Copy!
Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years.
quote by Toshihiko Fukui
Submitted by Lucian Velea
Vote! | Copy!
And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms.
quote by Franklin Raines
Submitted by Lucian Velea
Vote! | Copy!
There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar.
quote by Robert C. Solomon
Submitted by Lucian Velea
Vote! | Copy!
A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
Employment Goals Seek Attain Dreams
employment gives us options
employment creates opportunities
employment enhances meetings
employment demands responsibilities
employment provides relative incomes
employment pays plan budget bills
employment advocates option savings
employment allows stepping stones
employment wisdom attains rewards
employment goals seek attain dreams
poem by Terence George Craddock
Submitted by Poetry Lover
Vote! | Copy!
I mean, I'm a conservative. I believe that, you know, if you borrow too much, you just build up debts for your children to pay off. You put pressure on interest rates. You put at risk your economy. That's the case in Britain. We're not a reserve currency, so we need to get on and deal with this issue.
quote by David Cameron
Submitted by Lucian Velea
Vote! | Copy!
There are countless ways of achieving greatness, but any road to achieving one's maximum potential must be built on a bedrock of respect for the individual, a commitment to excellence, and a rejection of mediocrity.
quote by Buck Rodgers
Submitted by Lucian Velea
Vote! | Copy!
With the enactment of the bipartisan No Child Left Behind Act, we have taken an important step toward achieving federal education policies that will allow students to learn and achieve at the highest possible level.
Social Security, a critically important, great program which does serve as the cornerstone of support for senior citizens, now faces challenges that threaten its long-term stability and well-being. The facts are there. The facts are crystal clear.
quote by Bill Frist
Submitted by Lucian Velea
Vote! | Copy!
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.
quote by Toshihiko Fukui
Submitted by Lucian Velea
Vote! | Copy!
It is proper that the federal government help alleviate short-term disruptions and price spikes such as those brought about by Hurricane Katrina.
quote by Mel Martinez
Submitted by Lucian Velea
Vote! | Copy!
If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.
quote by Jeffrey Sachs
Submitted by Lucian Velea
Vote! | Copy!
The retirement system that is in place for members of Congress and other federal workers features what is known as the Federal Employment Retirement Plan.
quote by Virgil Goode
Submitted by Lucian Velea
Vote! | Copy!