Top 70 Interest Rates Quotes

John Howard, willing to apologise to home owners for rising interest rates, would not say sorry to Aborigines. He refused to condone what he referred to as ‘a black armband version’ of history, preferring a jingoistic nationalism.

To investors, job creation is a second-order effect. Market participants care first about interest rates, exchange rates, bond prices and the one great factor that affects all three: the long-term solvency of a bond company called the U.S. government.

There is clear empirical evidence that the response of EME financial markets to different shocks, including changes in U.S. interest rates, depends importantly on the state of economic fundamentals in the EMEs themselves.

I studied what happened in the bond and the stock markets during previous periods when the Fed stopped manipulating the bond market. In every single case, the moment the Fed announced that there would be a cessation of intervention, stocks declined and interest rates went up.

Paying interest on reserve balances enables the Fed to break the strong link between the quantity of reserves and the level of the federal funds rate and, in turn, allows the Federal Reserve to control short-term interest rates when reserves are plentiful.

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

The real challenge was to model all the interest rates simultaneously, so you could value something that depended not only on the three-month interest rate, but on other interest rates as well.

I’m the guy pushing a trillion-dollar infrastructure plan. With negative interest rates throughout the world, it’s the greatest opportunity to rebuild everything. Shipyards, ironworks, get them all jacked up. We’re just going to throw it up against the wall and see if it sticks.

The expectation of gradual policy normalization should reduce the likelihood of outsized movements in interest rates.

Politicians attend dinners at hotels with contractors. Bankers discuss interest rates at lunch.

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates.

Former Senator Al D’Amato in 1991 offered an amendment to cap credit card interest rates at 14 percent.

Stock price multiples are negatively correlated with real interest rates. As interest rates rise, the market multiple will fall.

The government must do all it can to help reduce interest rates for business.

It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic activity.

And so the danger for the housing industry is if we see interest rates rise.

If we did go into a recession, something that’s always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold.

Monetary policy has less room to maneuver when interest rates are close to zero, while expansionary fiscal policy is likely both more effective and less costly in terms of increased debt burden when interest rates are pinned at low levels.

Public borrowing is costly these days, true, but interest rates on municipal bonds are still considerably lower than those borne by corporate debt.

The worst time was in 1985 when house prices crashed and interest rates went up to 14 percent. I was not winning on the snooker table and I had this big image to keep up – and a lifestyle where I lived beyond my means.

A number of non-banking finance companies have entered the rural microcredit market. Many microcredit agencies have been charging interest rates not very dissimilar to those charged by moneylenders. Borrowing then becomes more to meet pressing consumption needs, rather than for farming or small-scale enterprises.

There are so many instances in banking where ‘free’ simply doesn’t mean free, whether it’s opaque overdraft charges or credit card providers that are quietly raising interest rates without customers noticing.

Demonetisation is a disinflationary process. So, this will bring down prices in the long run. It will also help in bringing down interest rates.

The big question is: When will the term structure of interest rates change? That’s the question to be worried about.

The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains.

Low interest rates wipe out savers and devastate middle-class workers. The banksters have orchestrated this wealth transference of trillions, from the poor to the very wealthy. At the expense of everybody who isn’t at the top.

You cannot take bank interest rates very sharply down: you will lose your deposit franchise.

Interest rates are used to achieve overall economic stability.

The FOMC has considerable control over short-term interest rates. We have much less influence over long-term rates, which are set in the marketplace.

One component of the leading economic indicators is the yield curve. Bond investors keep a close eye on this, as it illustrates the spread or difference between long-term interest rates and short-term ones.

We believe that the Federal Reserve has to carry on with a progressive increase in interest rates as a consequence of the American economy.

Lower interest rates are usually considered good for stocks because they lower the cost of borrowing and make bonds a less attractive alternative investment.

To get great again, we need to recreate what made us great in the first place, and so we’re going to have to let interest rates go up.

When interest rates are coming down, you cannot have high margins.

Clearly, for capitalism to work properly we must expect some upward normalisation of interest rates at some future point, to provide greater incentive for savers to save and investors to invest.

And so Fannie Mae produces very strong results for investors in – when interest rates are high and when interest rates are low, in recession and during booms.

Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment. As a result, I believe a macro-prudential approach to supervision and regulation needs to play the primary role.

Well, you know, we’ve got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.

If we were to raise interest rates too steeply, and we were to trigger a downturn or contribute to a downturn, we have limited scope for responding, and it is an important reason for caution.

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

If we were to underrun our inflation objective over a period of time that we tried to increase interest rates, I think that would be worrisome.

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.

To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth.

Should that worse scenario materialize, then most probably our propensity to increase interest rates will be weaker.

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.

We have one of the highest interest rates in the world, and we owe more money per capita than any other country. All we need is a nail hole in the bottom of the boat and we’re sunk.

It has been said that the Fed’s job is to take the punch bowl away just as the party gets going, raising interest rates when the economy is growing too fast and inflation threatens.

What’s true for New York is true for most of the country: We are a long way removed from the double-digit interest rates and unemployment rates, and the soaring crime rates, of the early 1980s.

With interest rates rising, gold doesn’t pay an interest rate, but every other currency – it becomes not only less important to hold gold as an alternative, but more expensive to hold it as an insurance policy and so that will be a burden on the price of gold.

The Government has to stop borrowing as much money; if we don’t, quite frankly New Zealand will be downgraded and interest rates will go up for all New Zealanders.

To pump up consumer or government demand would force interest rates up and asset prices down, possibly by enough to destroy more jobs than are created.