Erwartungen / Expectations Folgt / Follows Geld / Monetary Geldpolitik / Monetary Policy Gut / Good Historisch / Historical Politik / Policy Zahlen / Numbers
When monetary policy destroys the currency, it always destroys the middle class.
Monetary policy is not a panacea.
There is no risk-free path for monetary policy.
Domestic inflation reflects domestic monetary policy.
The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely on what it sees. It acts on what it expects of the Fed or the government.
So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls.
Let none of us delude himself by supposing that honesty is always the best policy. It is not.
It's a challenge for monetary policy to communicate that our inflation objective is 2 percent.
Poland is one of the few countries that can afford to conduct a conventional monetary policy and that means we have to act against the buildup of imbalances in the economy.
