Monetary Quotations | Page 2

There is a more plausible explanation for the spending slowdown, namely the withdrawal of fiscal and monetary stimulus from a household sector whose finances remain stretched,

Under Chairman Greenspan, monetary policy has become increasingly transparent to the public and the financial markets, a trend that I strongly support.

We look for a further easing of monetary policy -- but not this month because of sterling's weakening and the stronger stock market.

Greenspan's objective is to keep the U.S. economy expanding for as long a stretch as possible. That's why he's being so prudent in his speeches and that's why he'll adjust monetary policy to allow for that.

I would simply urge people to not get too distracted by the very, very short term. We all like to talk about the latest development and how it might change everything. But keep your eyes focused on the super bull. And the way that we could get derailed there just doesn't look likely at all. A monetary policy that throws in the towel in fighting inflation, that's far from the case. The Fed's been preemptive in trying to solve this inflation problem,

Keep in mind that monetary policy works with a lag, so that this shouldn't have any impact on the consumer, ... My guess is a quarter point.

I think it's going to be a quiet week heading into the long weekend. Through the summer, people are going to be focusing on the next earnings period, monetary policy, and if we are going to see more strong economic growth, as well as payrolls.

I think it's been recognized in every meeting we've had, the need for continued vigilance, the need to be absolutely sure that the macroeconomic foundations, the stability of the economies is assured, ... and that's why so much focus is being on strengthening the transparency and reporting that is done by the International Monetary Fund.

It continues to amaze me the generosity shown by the residents in this county. From the monetary donations to the volunteer efforts at Wind Creek, this community really knows how to give.

I think you need both, ... First of all, monetary policy doesn't work instantaneously either. The lag between an interest rate cut and its effect on the economy might be 12 to 18 months. Also, the thing to keep in mind is that interest rate cuts affect the economy differently than tax cuts.

I think the Chinese authorities, one, clearly recognize the advantage to move to a more flexible monetary system and, two, they recognize it has to be done in a gradual way but that it has to be done without delay,

I thought the first six months of the year would be a white-knuckle ride. But monetary policy is as effective as ever. That money takes time to get in there, but I think it will stabilize things. We shouldn't expect anything to happen until July at earliest, though, and we'll have a few more months of holding our breath here.

I think this employment report shows that the laws of gravity do apply to monetary policy,

It is hard to argue that it will have a significant impact on monetary policy, given that Mr Lambert had voted with the majority throughout his time on the Committee and that the rate decisions over the next few months do not look like being close-calls.

It is important (for the BOJ) to keep conducting appropriate monetary policy by making an overall judgment. I don't see any new factors that warrant a policy change,

I think we're going to see absolutely more of the same. I don't think there will be any discernible change in the conduct of setting monetary policy.

I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment,

It is appropriate to maintain an accommodative monetary policy stance, in order to provide some insurance against unwelcome disinflation,

It is another piece of good news in that it leaves the Fed in an unfettered position to exercise more discretion in monetary easing. Because the economy has displayed such weakness and inflation has been non-existent with the exception of energy-related prices, the short-term inflation number may be less relevant.

Japan's deflationary era is finally ending. A change in monetary policy is coming into sight, and that suggests higher yields.

Japan's big problem was that fiscal stimulus was not there. They haven't coordinated monetary policy with fiscal policy. That's what we're doing differently, and that's why we won't have the same problem.

Japan is out of the emergency room and normal monetary policy has returned. Japan will try to keep interest rates as low as possible.

I see kids and pets as similars. With both of them, you give without expecting something monetary in return or having to deal with the 'what can you do for me' attitude, ... They just want someone to care and love them. That is all.

People are bid up the market by the close to get ahead of the Fed on the hope of a 'Fed bounce' tomorrow (Tuesday), ... We're still well within the time frame of the Fed's monetary policy stimulating the economy, but people are just tired of waiting for it.

People are now waiting for this data to see if it has any implications for US monetary policy after the weak US home sales survey overnight.

People are always trying to explain the lack of questions as saying there's a consensus around monetary policy, but there's anything but a consensus on monetary policy. What upsets me more than anything is no one is asking serious questions.

Our hope is if we perform well, not only from a monetary standpoint and an attendance standpoint, (but) from an operational standpoint that includes everything from the building to hotels and everything else, we will have a very good shot at (20)10 and '11.

Over the period ahead, as the full effects of the sequence of monetary policy moves plays out, I expect that output growth will settle on a path that is somewhat below what we saw in the first quarter, probably growing at close to the economy's potential.

Over the past three weeks U.S. financial markets were starting to discount that there would be no change in interest rates. Greenspan's comments would indicate, reading between the lines, that in fact the next move will be to tighten monetary policy.

Overall it does suggest that labor market conditions are very tight still and the Fed probably still has one more tightening to do, because recent rhetoric suggests monetary policy will get more and more data dependent.

Our view is that the U.S. economy was on a solid footing by most indicators going into the shock. If the Fed hints at being comfortable with this argument, then it will be a fairly clear signal that it is sticking to a measured approach to continued monetary tightening.

Our understanding of the best practice in monetary policy evolved during Alan Greenspan's tenure at the Fed, and it will continue to evolve in the future,

Otherwise a spend-prone fiscal policy teamed with a pro-growth monetary policy could be problematic for the U.S. economy and currency ahead.

Regardless of what the Fed does today, I think that maximum monetary stimulation throughout the world is over. We are seeing the low point of interest rates throughout the world. The next move will be upward. Moreover, I think the earnings momentum for the markets is eroding as well.

Our research shows the jobless rate is the best indicator of monetary policy, ... They have almost perfect correlation.

Our reading is that their aim is not to begin a tightening cycle but to reinstate a normal monetary policy.

Part of the run-up in oil prices was a reflection that there was a lot of monetary stimulus in the market. Taking some of that out of the market could take the air out of oil prices.

Nakagawa's comment on monetary policy will probably keep bonds strong. Government pressure on the Bank of Japan not to change policy will put upward pressure on debt.

Local people have to make monetary and fiscal spending in order to attract outsiders to do the same thing. There is still plenty of land available.

Look back in the last 30 years, the Federal Reserve has caused every major market pullback because of tightening the monetary policy, ... I believe the odds are that they will be raising rates by 25 basis points on Nov. 16. But beyond that, that will be it, well into the year 2000 before any further rate increases take place.

Market sentiment is a bit negative now, but I'm a long- term bull when it comes to Japanese stocks. Getting away from zero rates will enable monetary policy to return to normal and shows the economy is finally back on track.

Market players have been refraining from selling the yen before the release of the CPI data. But now, they know that the BOJ is unlikely to change their current monetary policy for a while and the United States continues to have higher interest rates than Japan.

Market players had been refraining from selling the yen before the release of the CPI data. But now, they know that the BOJ is unlikely to change their current monetary policy for a while, and the United States continues to have higher interest rates than Japan.

It feels a little scary for most writers because when you're writing, you're completely in charge you can say this book is all mine, it's my world. Whether giving over some of that has any monetary value or not, we'll see.

I think overnight there was another focus on the bank of Canada statement and it pushed aside the oil sell-off, as monetary policy is probably going to have a longer term role than oil.

I think monetary policy coming out of the 2001 recession did what it was intended to do, which was cushion the interest-sensitive sectors of the economy, including housing.

I think they're in trouble now if it doesn't work. There is not much more monetary stimulus that they can add.

Manufacturing in broad terms is enjoying a very robust period even if certain sub-industries are struggling. It's probably another piece of evidence that the Fed could potentially be raising interest rates after the May 10 monetary policy meeting.

We need the Dutch and the Belgians to come along with us at the IMF (International Monetary Fund) and try and push through the great package of change on debt relief,

The all too clear messages ... are that they are still concerned that there will be some rise in the underlying rate of inflation and, that given that outlook, they are nowhere near considering any easing in monetary policy.

The archives are an extremely important facet of the settlement because what the survivors and their families were looking for in this case was not only the monetary restitution, but historic accountability.

That would not apply in this case, because the monetary terms are the same. This is not a case where the money is different, so we say that it should have the same result as Wofford.

whoever they pick has a considerable degree of background and expertise on monetary policy.

We expect a neutral monetary policy stance in 2006, but much will depend on movements in the rand and the performance of mining and manufacturing.

We're unlikely to see the yen strengthening this year. Monetary policy will remain very lax.

With the European Central Bank joining the global trend for tighter monetary policy, the backdrop for equity markets is becoming more challenging.

With the economy growing below potential, labor market indicators probably continued to ease. The survey should be relatively friendly for those expecting easier monetary policy later in the year.

We need to keep an eye on Japan's trade number. Also, the country's monetary policy is very loose, pointing toward a weaker yen.

We believe the Monetary Policy Committee will be forced to make two more cuts in November and February.

Today the collective wisdom is that the economy will improve in the not-too-distant future, and that's hostile for bonds because it suggests that the Fed is done easing monetary policy and that financial markets may confront some interest-rate pressures as the economy improves and borrowing re-accelerates.

Transparency concerning the Federal Reserve's conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve's commitment to accountability within our democratic system of government.

Today's report provides something for both the hawks and the doves on the Monetary Policy Committee. It is, however, unlikely to precipitate a change of policy when the Bank next meets.

Today's labor report could not have been more disheartening to those who thought the Fed had ended its monetary tightening. There is no possibility for the Fed to stop at the current 4.5 percent.

Today's figures will only heighten the sense that monetary policy is about to change. It may well change next week or in April.

We aren't hiding that Law & Justice believes a body like the Monetary Policy Council shouldn't be present in a new constitution. It's completely superfluous.

We are not seeking any monetary damages. All we want is the ATP to assume responsibility they should have before and change the rules back and protect the game of doubles.

The problem is, the private sector doesn't have the balance sheet capacity to take on more debt, and the banking system is not in a position to extend more credit. So monetary policy may not work at all.

Unfortunately, when we run out of room, some of the sentimental items without monetary value, (such as) letters or personal papers, are shredded. We keep them as long as we can and we run things past the historical society before they are destroyed to rule out historical significance.

To have an effective monetary policy, you have to have a robust borrowing and lending cycle. The problem is that households and businesses are both overextended, while banks have problems with their current loan base. So we don't have a viable borrowing and lending cycle, which means that monetary policy is not working effectively.

Thus our baseline outlook for the U.S. economy is one of sustained economic growth and contained inflation pressures. In our view, realizing this outcome will require the Federal Reserve to continue to remove monetary accommodation.

We're lucky because it only resulted in a monetary loss and not a loss of life or personal belongings.

When demand does start to rebound, the Fed will have to deal with the delayed effects of a year of aggressive monetary stimulus. Short-term rates will almost certainly have to rise faster and farther than seems credible today. Of course, this is a problem that we now feel we would enjoy facing.

We are going to try to seek monetary damages and try to get to the bottom of the unlawful leaks that we think have unfairly distorted Dr. Lee's situation.

Tomorrow's Inflation Report will provide a definitive view of how the Bank's thinking has evolved. However, today's data add to arguments for a further easing in monetary policy, we believe in May.

We're coming to grips with the reality that we had an economy that was cruising at 3.6 percent and is looking at 2.7 (percent) or below in the third-quarter as a revision. The question is how soft a landing are we going to get. A more conducive monetary policy would help the plight of stocks but we've got to see some data to support that notion.

The rationale is that the individuals involved feel bad today and are punishing themselves. Believe me, when the league fines them, it will be substantial, ... If I thought an internal sanction, a monetary sanction against them, would suffice or help, I'd do it in a New York second. My experience is it does not. If they are not remorseful on their own -- regardless of whether the league fines them a penny, or whether they fine them hundreds of thousands of dollars -- if they don't internalize the culpability, then we're no better than we were yesterday.

The rapid easing of monetary and fiscal policy this time around should enable the economy to return to positive growth more quickly than usual and with lower interest rates and inflation than during the 1990s expansion.

Timing issues, monetary issues are between the companies,

We would have to renegotiate the monetary and fiscal program because Indonesia's economy has changed. Also, the exchange rate is way off from where we expected,

The data point to the dilemma facing the Bank of Canada. Rising economy-wide labor cost pressures are likely to push core inflation above the 2 percent target in the second half of 2006, implying a need for further reduction in monetary stimulus.

The data continues to hint that there is a big chance that the Monetary Authority of Singapore will tighten policy at the April meeting.

When there are simply monetary awards, they cost the company and they cost the shareholders, but it doesn't do anything to the individuals who make these decisions,

Welfare is monetary methadone.

What is the monetary value of that? How many jobs are worth losing that?

We should reduce hot money inflow. It is not right to say 'there is nothing that can be done'. State should intervene in the markets. We should accept that there are foreign exchange and monetary policy problems.

We collect things not just for their monetary value, but also because they tell the story of who we are,

We are collaborating to feed 500,000 people a day, operating 270 shelters, but as you can see the need is to have more monetary donations to help,

We have been moving monetary policy toward neutrality for some time, and our policy appears to be close to neutral now.

We would not try to use monetary policy to fix or to determine the shape of the yield curve. That would not be appropriate, nor could that be conducted I think,

This report should soothe the fears of monetary policy-makers who are trying to adjust policy to prevent the economy from overheating.

This report is nothing short of remarkable. The formula for a strong dollar is strong growth, tight monetary policy and loose fiscal policy. The U.S. happens to have all three. Private investors are comfortable investing in a country like the U.S.

There has to be some predictability in monetary policy for the sake of everyone's economic activities.

When companies think interest rates are going to rise they will start investing before that. So that can actually boost capital spending before something such as a tightening in monetary policy.

When changing the current 'quantitative monetary easing' in the future, current reserves will be reduced to levels required by the market, but interest rates will stay at a very low level before they are adjusted in tandem with economic fundamentals.

We think the Fed is hesitating. It still intends to achieve monetary neutrality but it is not ready to shed away its caution as it fears uncontrolled inflationary skid.

Why has this improvement in inflation and in the business cycle occurred? I think the answer is better monetary policy, better central banking.

You have guided monetary policy through stock market crashes, wars, terrorist attacks and natural disasters, ... You have made a great contribution to the prosperity of the U.S. and the nation is in your debt.

This trial was not about putting a monetary value on Randy Moon's life. It was about closure for the family. They wanted a jury to decide if their son died because of the carelessness of the driver - and the jury made its decision.

To say what the monetary value is at this stage is impossible, but it is probably running into the millions.

With both fiscal and monetary policy now set to tighten slightly next year, we remain comfortable with our forecast of a mere 1 percent expansion next year.