Elvira Nabiullina Quotes

I actually think that the economy has got some positives. It's got the market. It's got consumer confidence and it's got banks throwing - I mean central bankers throwing money at it around the world.

The emerging economies, many of them are concerned. They didn't want the money to slosh in. They are afraid when the money sloshes out, but the tapering has to take place, and we have to be able to manage it.

Cheap money feels like the most natural thing in the world - if you don't think about why it's so cheap.

Developments in financial markets can have broad economic effects felt by many outside the markets.

During the past two decades, inflation has fallen to a low level in major industrial countries.

Investors should be cautiously positioned as the global economy and markets face major uncertainties. The downgrade will be a further headwind to growth and job creation in the U.S.

Our rate moves will have an impact on the economy in 2013. Whether we raise or lower rates depends on how the economic situation develops.

When you have steady inflows and global central banks hell-bent on stoking credit activity and inflation, money will flow into the most attractive areas.

Every central banker in the world pays attention to credit growth, but not in the U.S.

The crisis in Europe has affected the U.S. economy by acting as a drag on our exports, weighing on business and consumer confidence, and pressuring U.S. financial markets and institutions.

Well, I think the global economy is in the position for continuing good growth with inflation well in check.

Each money-printing exercise brings about unintended consequences. These unintended consequences are higher inflation rates than had no money been printed.

It is a way to take people's wealth from them without having to openly raise taxes. Inflation is the most universal tax of all.

There are limits to monetary policy.

People forget how difficult it is to stop inflation or get it under control… I worry about it all the time.

The global economy is unruly.

The economic repercussions of a stock market crash depend less on the severity of the crash itself than on the response of economic policymakers, particularly central bankers.

Every time the Fed implements 'quantitative easing,' a.k.a. printing more money, two things go up: taxes and inflation. When taxes and inflation go up, more jobs are lost.

The issue is, you're not going to have a lot of inflation showing up when you have no velocity.

The dollar is a winner. The euro is a tie. Get off the dime, Europe, and play to win.

The role of monetary policy is to smooth out business cycles by promoting steady inflation and healthy labor markets, but modern central bankers have taken an activist turn.

It's time to stop pretending negative rates have any redeemable value - besides the ability to stimulate the market for physical safes.

Emerging market and developing economies have benefited from monetary easing in major economies but have also faced volatile risk sentiment tied to trade tensions.

The world economy is growing so fast.

If oil prices will go too high, it will slow down the world economy and would trigger a global recession.