We are mindful of the potential tragic consequences of events taking place in Indonesia,
More Quotes from Stanley Fischer:
This is errant nonsense from people who have not read or looked at the programs that the IMF supports.Stanley Fischer
The Federal Republic of Yugoslavia authorities face the complicated task of stabilising and reviving a devastated economy after years of regional conflicts, international isolation and economic mismanagement.
Stanley Fischer
Some see it as a threat, some see it as an opportunity and some see it as inevitable,
Stanley Fischer
This is a society that has been so burned by inflation, that no politician who produces inflation by any magnitude is going to survive, so they can't afford it. And if they can't afford it that means they can't print large amounts of money so they're going to have to get the budget in some sort of order.
Stanley Fischer
The Fed clearly believes we've reached bottom or will reach it in a month or two. They believe there's a lot of expansion in the pipeline from the very low interest rates and from the fiscal expansion.
Stanley Fischer
The recovery is not firmly in place. There is no reason to withdraw stimulus right now. The need is to make sure that the recovery in Japan is self-sustained -- and that means it's hard to see any good reason for monetary policy to tighten.
Stanley Fischer
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