Quotes About Fed

The banks have accounts with the Fed, much the same way that you have an account in a commercial bank.

As long as I was well fed, I was a very, very nice child. I just used my imagination and played with Barbies. I was pretty easy.

The Fed has neither the clear statutory authority nor the mandate to anticipate and deal with risks across our entire financial system.

Audit the Fed is a bill that would politicize monetary policy, would bring short-term political pressures to bear on the Fed. In terms of openness about our financial accounts, we are extensively audited.

Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed.

The eternal tide flows hid in Living Bread. That with its Heavenly Life too be fed.

Music spirals out of the radios, and it is splendid to drowse on the davenport, to be warm and fed, to feel the sentences hoist her up and carry her somewhere else.

People are fed up with broadcasters pushing the boundaries too far.

It's important for the Fed, hard as it is, to attempt to detect asset bubbles while they're forming.

I believe that the history of Fed policymaking is that, you know, there are times when we need to raise rates.

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten.

My generation of director has no illusions that we are going to be fed and cared for by subsidized theater in America.

The Fed has gone about as if the problem is a shortage of liquidity. That is not the basic problem. The basic problem for the markets is that uncertainty that the balance sheets of financial firms are credible. -Anna J. Schwartz interviewed in the Wall Street Journal, October 18-19, 2008.

It's appropriate for the Fed to gradually and cautiously increase our overnight interest rate over time.

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

It is hard to have great confidence in predicting what market reactions to Fed decisions will be.

It has been said that the Fed's job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens.

Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market either by cutting rates, launching QE, or threatening to launch another round of QE.

At the present moment the people of England are only three-quarters fed, and the result of this improvement in the export of our manufactures would be, that they would be entirely fed.

A flame that flickered, And a soul that whimpered, A candle that blazed, And a fragrance that raised. The flames were fed the same, But one remained diminished, While the other touched vintage!

The failure to endow Treasury and the Fed with the authority to deal with the insolvency of a nonbank financial institution was the single most important policy failure of the crisis.

The Fed is the biggest enemy of this economy. In fact, Ben Bernanke, as far as I'm concerned, he's public enemy No. 1. We're never going to have a recovery while this guy's in charge.

Well, we're just now seeing the reductions in mortgage rates. The mortgage rates are based on the ten-year rate and the Fed controls the overnight or the shorter rates.

'Having it all,' to me, means having my family, having health, my kids' health, a roof over our heads, everybody fed.