A Quote by Li Keqiang

When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit, but may not be beneficial for the future.

Li Keqiang

Quote Topics

Adjust Beneficial Benefit Choice Deficits Downward Economic Economic Policy Future Growth Increase May Might Monetary Monetary Policy Policy Pressure Relax Short Short-Term Term

Quote Author

Li Keqiang
Chinese - Politician
Born: July 1, 1955

Monetary policy is like juggling six balls... it is not 'interest rate up, interest rate down.' There is the exchange rate, there are long term yields, there are short term yields, there is credit growth.

Raghuram Rajan

Fiscal policy, monetary policy, they need to work together to try and raise the level of growth.

Joe Hockey

Inflation is certainly low and stable and, measured in unemployment and labour-market slack, the economy has made a lot of progress. The pace of growth is disappointingly slow, mostly because productivity growth has been very slow, which is not really something amenable to monetary policy. It comes from changes in technology, changes in worker skills and a variety of other things, but not monetary policy, in particular.

Ben Bernanke

Beyond monetary policy, fiscal policy has traditionally played an important role in dealing with severe economic downturns.

Janet Yellen

In my view, the key aim of economic policy in many countries, and particularly in Russia, should be the sort of policy that stimulates productivity growth because only on the basis of growth of labour productivity can we enjoy healthy growth.

Elvira Nabiullina

Of course I welcome all the normalization of monetary policy. I think monetary policy should be normal.

Elvira Nabiullina

Obviously, the domestic need is to shape an economic policy that assures long-term healthy economic growth and a reassertion of American competitiveness in international competition.

Walter F. Mondale

In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions.

Janet Yellen

To ensure stable and sustainable economic growth, world leaders must re-examine the international rules of the monetary game, with advanced and emerging economies alike adopting more mutually beneficial monetary policies.

Raghuram Rajan

I've said all along: I'll support the nominee, because we can't afford another term of the Obama-Clinton foreign policy or, for that matter, economic policy at home.

Tom Cotton

Although it's the second largest country in the world, our useful area has been reduced. Our immigration policy is disgusting: We plunder southern countries by depriving them of future leaders, and we want to increase our population to support economic growth.

David Suzuki

Watch out Mr. Bush! With the exception of economic policy and energy policy and social issues and tax policy and foreign policy and supreme court appointments and Rove-style politics, we're coming in there to shake things up!

Tom Toles

We need to keep in mind the well-established fact that the full effects of monetary policy are felt only after long lags. This means that policy makers cannot wait until they have achieved their objectives to begin adjusting policy.

Janet Yellen

We need to have a clear moral vision for both our foreign policy, and economic policy and policy on racial justice.