Central Bank quotes:

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I did not criticize the Central Bank's position. -- Vladimir Putin
The job of the Central Bank is to worry. -- Alice Rivlin
We made a decision that monetary policy will be made by an independent European Central Bank. -- Gerhard Schroder
The Central Bank is constantly purchasing, purchasing and selling and vice versa - this is their job. -- Vladimir Putin
The Central Bank has a lot to handle and it is best not to interfere with its competence. -- Vladimir Putin
A Central Bank official said that Q-coin did not affect the renminbi; it adds vibrancy to the economy. -- Ma Huateng
I know very well about the necessary level of reserves of the Central Bank as well as the purpose. -- Vladimir Putin
The Central Bank is an institution of the most deadly hostility existing against the principles and form of our Constitution. -- Thomas Jefferson
There is a European Central Bank, of course, established and it has the structure similar to the Federal Reserve system, not precisely the same but similar. -- Robert C. Solomon
Unless we have a Central Bank with adequate control of credit resources, this country is going to undergo the most severe and far reaching money panic in its history. -- Jacob Schiff
In the current situation, particular attention should be given to the quality of financial and economic management. The Government and the Central Bank should have a strategic action plan -- Tatyana Golikova
The Central Bank should take into account other things as well: the stability of the bank system in the country, the increase or decrease of money supply in the economy, its influence on inflation. -- Vladimir Putin
There was a real fear that a euro-zone bank might fail, that we'd have a sovereign debt problem in one of the larger European economies. That's dissipated, thanks largely to the action of the European Central Bank. -- George Osborne
The stability of the rate is the main issue and the Central Bank manages to ensure it one way or another. This was finally achieved after the Central Bank switched to a floating national currency exchange rate. -- Vladimir Putin
In fact, some leaders come right out and say it. Mario Draghi the president of the European Central Bank had an interview with the Wall St Journal in which he said the social contract's dead; we finally got rid of it. -- Noam Chomsky
Let's not forget, it was the government, Department of Finance and Central Bank that decided to unfairly land the taxpayers of this country with unmitigated losses of Anglo and massive legacy issues that would have been expected when nationalising a fraudulent bank. -- Sean Quinn
The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... the European Central Bank has only the first. It has no commitment to keep employment up. -- Noam Chomsky
By creating the European Central Bank, the member states exposed their own government bonds to the risk of default. Developed countries that issue bonds in their own currency never default, because they can always print money. Their currency may depreciate, but the risk of default is absent. -- George Soros
I have always thought and I still think that the Central Bank should act independently. Indeed, it does, you can take my word. I do not interfere in the decisions of the Central Bank and I do not give instructions to the Bank management or to its head. -- Vladimir Putin
All issues - purchasing and selling of currency - are related to the regulation of the national currency market. However, it is still difficult to say what will be the reaction of the Central Bank and if it would lead to increasing the gold and foreign currency reserves. -- Vladimir Putin
Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system. -- Murray Rothbard
My monetary studies have led me to the conclusion that central banks could profitably be replaced by computers. Fortunately, for me personally, that conclusion has had no practical impact, else there would have been no Central Bank of Sweden to have established the award [Nobel Prize] I am honored to receive. -- Milton Friedman
The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity. -- Abdul Aziz Al Ghurair
For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs. -- Dalia Grybauskaite
The central bank needs to be able to make policy without short term political concerns. -- Ben Bernanke
Most of the policies that support robust economic growth in the long run are outside the province of the central bank. -- Ben Bernanke
I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment. -- Janet Yellen
History proves... that a smart central bank can protect the economy and the financial sector from the nastier side effects of a stock market collapse. -- Ben Bernanke
In a mature economy like India's, which is becoming modern and a financially-oriented economy, an independent central bank, responsible central bank, is really central to success. -- Ben Bernanke
At the most basic level, a central bank must be clear and open about its actions and operations, particularly when they involve the deployment of public funds. -- Ben Bernanke
A crucial responsibility of any central bank is to control inflation, the average rate of increase in the prices of a broad group of goods and services. -- Janet Yellen
The more guidance a central bank can provide the public about how policy is likely to evolve the greater the chance that market participants will make appropriate inferences. -- Ben Bernanke
However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest rates below the zero lower bound. -- Toshihiko Fukui
Banks are concerned the central bank is imposing too many regulations. If the trend continues, we'll swing to heavy regulation. We need to have balanced regulation to encourage the economy. -- Abdul Aziz Al Ghurair
I don't think I've been too optimistic. The government believes the contraction will be around 1.5 per cent, as the central bank said. However, we're waiting to see the Commission estimate. -- Luis de Guindos
A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. -- Ron Paul
The Congress has had an uneasy relationship with banks and bankers since Alexander Hamilton. It took the United States until 1913 to set up a central bank. The Federal Reserve earned its hard-won independence over years of effort. -- Robert Zoellick
What's brilliant about the United States system of government is separation of power. Not only the executive, legislative, judicial branches, but also the independence of the military from civilians, an independent media and press, an independent central bank. -- Feisal Abdul Rauf
The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities. -- Janet Yellen
Among other objectives, liquidity guidelines must take into account the risks that inadequate liquidity planning by major financial firms pose for the broader financial system, and they must ensure that these firms do not become excessively reliant on liquidity support from the central bank. -- Ben Bernanke
In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand, a central bank can overregulate and choke the economy, and then we will have a dead banking industry. -- Abdul Aziz Al Ghurair
Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions. -- Traian Basescu
The case against a fully independent central bank is strong indeed. -- Milton Friedman
The establishment of a central bank is 90% of communizing a nation. -- Vladimir Lenin
Inflation is a monetary phenomenon. It is made by or stopped by the central bank. -- Milton Friedman
Any central bank should only be in charge of liquidity. Solvency is a matter for the treasury. -- George Soros
The goal of what Japan's central bank is doing is to create growth. If it actually creates growth, in the long run, it will lead to appreciation. -- Jamie Dimon
The Federal Reserve the privately owned U.S. central bank definitely caused The Great Depression by contracting the amount of currency in circulation by one third from 1929 to 1933. -- Milton Friedman
It is always and everywhere the province of the central bank to monetize any spending, the government's or the private sector's, by printing enough money to pay for it in depreciated dollars. -- Caroline Baum
My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation. -- Janet Yellen
A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army. We must not let our rulers load us with perpetual debt. -- Thomas Jefferson
There are five main purposes of central bank cooperation"..."the provision of international credits and joint efforts to influence asset prices (especially gold and foreign exchange) in circumstances where this might be thought useful. -- William Smith White

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