Central Banks Quotes

Central Banks Quote of the day

The establishment of a central bank is 90% of communizing a nation.

Insanity has infected all the central banks of the world.

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 want to, but they can't control interest rates.

It is clear to me that the financial sector, including CNBC, loves central banks

The one instrument that has relative political autonomy is monetary policy. Central banks do not need to go to Congress to get approval for an interest rate hike.

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.

Political risk is hard to manage because so much comes down to the personal choices of policymakers, whether prime ministers or heads of central banks.

The Central Bank has a lot to handle and it is best not to interfere with its competence.

I did not criticize the Central Bank's position.

I was reading in the paper today that Congress wants to replace the dollar bill with a coin. They’ve already done it. It’s called a nickel.

I will feel no guilt on shutting my door to those who didn't listen.