A Quote by Said Musa

Our Government is committed to pursuing policies and programs which facilitate a further lowering of the interest rates in order to fuel investment and growth. We call on the commercial banks to partner with us in this effort.

Said Musa

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Banks Call Commercial Commercial Banks Committed Effort Facilitate Fuel Further Government Growth Interest Interest Rate Interest Rates Investment Lowering Order Our Partner Policies Programs Pursuing Rates Us Which

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Said Musa
Statesman
Born: March 19, 1944

Business cycles lengthened greatly during the 20th century, as central banks learned to manage national economies by raising and lowering interest rates.

Alex Berenson

I will say this: the central banks can actually support growth beyond a point. When there is no inflation, they can cut interest rates, and that is the way they support growth, but if you cut interest rate to the bone, there is nothing more to cut. It is very hard to support growth beyond that.

Raghuram Rajan

Here's the interesting thing: the fact that QE and lowering interest rates almost to zero has worsened inequality, does not mean that raising interest rates will help reduce inequality.

Gerald Epstein

We really need a public-interest government that is not taking marching orders from the fossil-fuel industry and the banks and the war profiteers. We really need a government that is acting on our behalf.

Jill Stein

I want to go further, because it was investment banks, it was insurance companies, it was mortgage companies, all of which contributed.So let's not just be narrowly focused on one part of the problem. We have a lot of issues with corporate power that have to be addressed. My plan takes us further and it would do the job.

Hillary Clinton

Logically, it may be argued that banks could indeed lower interest rates and make up their profits through larger borrowing volumes. But banks, in turn, could justify exorbitant rates by arguing that they cater to a riskier segment.

Sucheta Dalal

A higher IOER rate encourages banks to raise the interest rates they charge, putting upward pressure on market interest rates regardless of the level of reserves in the banking sector. While adjusting the IOER rate is an effective way to move market interest rates when reserves are plentiful, federal funds have generally traded below this rate.

Janet Yellen

As a matter of fact 25% of our U.S. investment banking business comes out of our commercial bank. So it's a competitive advantage for both the investment bank - which gets a huge volume of business - and the commercial bank because the commercial bank can walk into a company and say, "Oh, if you need X, Y and Z in Japan or China, we can do that for you."

Jamie Dimon

Government should eschew suasion and directives to banks on interest rates that run counter to monetary policy actions.

Urjit Patel

There is one bit of advice given us by the ancient Greeks, and by the Jews in the Old Testament, and by the great Christian teachers of the Middle Ages, which the modern economic system has completely disobeyed. All these people told us not to lend money at interest; and lending money at interest - what we call investment - is the basis of our whole system.

C. S. Lewis

There are several states that move from Karl Marx-like policies to Adam Smith-like policies and back again in a weekend. So for the states with huge volatility in their income tax policies over time, the differences in growth rates in those periods are really amazingly consistent with tax rates really mattering.

Arthur Laffer

For an economy built to last we must invest in what will fuel us for generations to come. This is our history - from the Transcontinental Railroad to the Hoover Dam, to the dredging of our ports and building of our most historic bridges - our American ancestors prioritized growth and investment in our nation's infrastructure.

Cory Booker

If we put our policies in the right order, we have a sustainable society without lowering but even increasing our levels of wellbeing.

Frans Timmermans

You can't fuel real economic growth with indiscriminate credit. You can only fuel it with well-allocated, long-term investment.

James Surowiecki

Negative interest rates hurt banks' balance sheets, with the 'wealth effect' on banks overwhelming the small increase in incentives to lend.

Joseph Stiglitz

Supporting iconic, growth-oriented industries, combined with tax policies that encourage small business growth and investment, represents a potent combination and is the basis of our entire administration.

Larry Hogan

A Quote by Said Musa

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