A Quote by Jerome Powell

Over time, low rates can put pressure on the business models of financial institutions.

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Business Business Model Business Models Financial Financial Institutions Institutions Low Models Over Pressure Put Rates Time

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Jerome Powell
American - Public Servant
Born: February 4, 1953

Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses

Warren Buffett

The prestige of the international financial institutions rates less than zero.

Fidel Castro

The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.

Robert Kiyosaki

The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.

Andrew Mellon

The Fed contributed to the financial crisis, keeping interest rates too low for too long. I give them credit for responding and stabilizing the economy and the financial sector during the crisis. But then they tried to do too much with quantitative easing that went on forever, just dramatically exploding their balance sheets.

Kevin Brady

Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not.

Thomas Sowell

Asset management CEOs globally are looking at their business models. They're looking at costs, they're looking at making their businesses more efficient, because they're seeing revenues under pressure all over the world.

Martin Gilbert

Real short- and long-term rates were relatively high in the late-1990s, so financial excess can also arise without a low-rate environment.

Jerome Powell

Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.

Carlos Slim

FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who process such transactions to be involved in a criminal activity.

Perianne Boring

Truancy rates are directly correlated to low graduation rates.

Tony Cardenas

Apparently modern financial regulators are vastly more sophisticated than we were as financial regulators 25 years ago - because we had never figured out that the key to financial stability was leaving felons in charge of the largest financial institutions in the world.

William K. Black

I would also certainly continue to keep loan repayment interest rates as low as possible. And I would spread the financial aid a little less thinly across all income brackets.

Charles Vest

I tend not to worry about what the perception is. I think people have their different views over different things. They have different opinions over different business models and over different business interests.

Bruno Zheng Wu

With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.

Steve Hanke

Regulators around the world have achieved an unprecedented level of collaboration since the financial crisis to create global standards for financial institutions. American regulators have largely viewed these international standards as a floor, and imposed higher standards on U.S. institutions.

James P. Gorman

A Quote by Jerome Powell

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