Bruce Bartlett Quotes

The monetary policy committee could either keep rates constant, increase them, or bring them down. There are three options possible compared to when it is accommodative.

In the past, Federal Reserve chairmen have not generally gone directly to the public.

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.

The Fed is totally open.

The Fed's policy choices can always be debated, but the quality and commitment of the Federal Reserve as a public institution is second to none, and I am proud to lead it.

The Fed is the major U.S. firefighter. It's not the Treasury. It's not the Congress. We certainly saw that vividly in 2008.

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

There's no other job in public life that is like chairman of the Fed.

It's true that the Federal Reserve faces a lot of political pressure and is unpopular in many circles.

The Fed's independence is critical.

I was Chairman of the Federal Reserve Bank of Kansas City. As you know, there are twelve banks and they have their citizens board, and I got elected to the Fed Chairmanship for the Federal Reserve Kansas City Bank back in the mid-'90s. It might have been 1995-'96.

I’ve always been a little nervous about the Fed. Quite frankly, I’m a little nervous about the degree of their independence.

I don't have any influence over the Fed [Federal Reserve System], none at all. It's carefully isolated from any influence by the President or Congress.

To some extent the Federal Reserve considers itself government. Other times, when it serves, it considers itself not government.

If you move up the timetable of when we disclose the transcript of our Open Market Committee, … you will affect what is said and the way that it is said.

Some people think that you can call they Federal Reserve and ask them what they are doing. I’ve been calling the Fed for 30 years and they have never told my anything.

The Fed [Federal Reserve] is the world’s largest hedge fund.

I don’t think that the Fed [Federal Reserve] ever can be or should be a prisoner of the markets.

For the first time the committee [Federal Reserve] was using communication — mere words — as its primary monetary policy tool.

I will be the first to say that it is always difficult to get monetary policy just right. But the Fed's analytical prowess is top-notch, and our forecasting record is second to none.

I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was invented to do exactly that.

There's no hidden secrets going on in the Federal Reserve...

The Fed is the greatest hedge fund in history.

A snarky but accurate description of monetary policy over the past five years is that the Federal Reserve successfully replaced the technology bubble with a housing bubble

Nothing good can come from the Federal Reserve. It is the biggest taxer of them all. Diluting the value of the dollar by increasing its supply is a vicious, sinister tax on the poor and middle class.