Stanley Fischer - Federal Reserve System


Last quote by Stanley Fischer

Adherence to a simple policy rule is not the most appropriate means of achieving macroeconomic goals. Emphasis on a single rule as the basis for monetary policy implies that the truth has been found, despite the record over time of major shifts in monetary policy. We should not make our monetary policy decisions based on that
share this quote
May 05 2017
Stanley Fischer has been quoted 47 times. The one recent article where Stanley Fischer has been quoted is Trump eyes changes to Obama's tax and Wall Street rules. Most recently, Stanley Fischer was quoted as having said, “Taking actions which remove the changes that were made to strengthen the structure of the financial system is very dangerous.”.
Automatically powered by Storyzy
Take our quote verification challenge and find out !

Stanley Fischer quotes

If (inflation) is significantly above (target) you begin to worry and you begin to

There is quite significant uncertainty about what's actually going to happen, I don't think anyone quite knows. It's a process which involves both the administration and the Congress in deciding fiscal policy. At the moment we're going strictly according to what we see as our responsibility according to the law, which is maintaining full employment and getting inflation to 2

I don't think Dodd-Frank as a whole is going to be repealed, but there may be some adjustments to it. Significantly reducing capital requirements would reduce the safety of the system. I certainly hope it's not going to

Certain fiscal policies, particularly those that increase productivity, can increase the potential of the economy and help confront some of our longer-term economic challenges. Some combination of improved public infrastructure, better education, more encouragement for private investment, and more effective regulation all likely have a role to play in promoting faster growth of productivity and living

To the extent that exchange-rate changes affect employment (it is) potentially quite important but not the only thing that happens. It won't stop us from doing what we should do on the basis of inflation and unemployment in the domestic

On more expansionary fiscal policy, I think many members of Open Market Committee and Federal Reserve Board have commented that it would be useful to have a more expansionary fiscal policy. These statements were made over several months recently. I'm on record with that as having believed

There is fiscal policy, and in this particular instance it could be used for a quite a few reasons, and we have to see what

In my view, the prospects of a continued steady expansion in the U.S. economy are maximized to the extent that we proceed with a gradual removal of

The labor market has, by and large, had a pretty good

It will be answered by the behavior of output and inflation as we approach and perhaps to some extent exceed our employment and inflation

The limitation on monetary policy imposed by low trend interest rates could therefore lead to longer and deeper recessions when the economy is hit by negative

So we're not in deep trouble with monetary policy at the

We could be stuck in a new longer-run equilibrium characterized by sluggish growth and recurrent reliance on unconventional monetary

People aren't excited about growth

Unemployment is somewhere very close to the natural rate. I think we're close to full

Ultralow interest rates may reflect more than just cyclical forces, but "be yet another indication that the economy's growth potential may have dimmed

We are beginning to see the fruits of a higher pressure labor

We need–and by that I mean society as a whole needs–a more diverse set of practitioners in economics, practitioners who may perceive different questions to be important and different answers to be more

I think what the Chair said today was consistent with answering yes to both of your

The problem with this economy is there is so many numbers each day. You have to try and figure out what is the main thrust of what's going on in the economy. You can always find a set of data that will enable you to build a different case. That's the hard

Everything that's being argued here is being argued in the board as

If you look at economists, they think there's a 75 percent chance of a rate hike in December, and then you look at the market, and they're saying there's about a 50-50

We're going to have to wait and see. Our direct trade with Britain is not going to make a huge difference to us, but ... there are a lot of things that will follow from Brexit for Europe, for the United Kingdom, and those are the things we'll have to be thinking

Those figures are more important for the U.S. outlook than a

We will do what we have to do in accordance with the law. We are not going to get into, Oh, it's the elections, we can't do

Spending indicators in January point to a pickup in economic growth this

However…further declines in oil prices suggest that total inflation will likely remain low for somewhat longer than had been previously expected before moving back to 2

If you look narrowly at consumer spending it's gone up and you can see consumer spending has been sustained at a higher level because of the decline in oil

The continuing declines in the price of oil are quite important in the overall price index. [But] taking account of the exchange rate, and the price of oil and food, we'd be at about 1.4 percent

We watch what the market thinks, but we can't be led by what the market

No quotes...
More Stanley Fischer quotes
|< <
> >|

Quotes by Stanley Fischer

This webpage has been created by a robot: errors and absent quotes cannot be totally avoided

Quote :

Mistake :

Comments :