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Janet Yellen Quotes


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Quotes by Janet Yellen

Showing 111-120 of 132 Quotes by Janet Yellen

The extent of and continuing increase in inequality in the United States greatly concern me.

~Janet Yellen

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After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. By comparison, the average real income of the other 95% of households grew less than 10%.

~Janet Yellen

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Policy makers should be compelled to take action given the serious costs of long-term unemployment when overall unemployment is already high. A week of unemployment is worse when it is experienced as part of a longer spell.

~Janet Yellen

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Are deviations from full employment a social problem? Obviously.

~Janet Yellen

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The pace of increases in labor compensation provides another possible indicator, albeit an imperfect one, of the degree of labor market slack.

~Janet Yellen

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Household spending growth has been particularly solid in 2015, with purchases of new motor vehicles especially strong. Job growth has bolstered household income, and lower energy prices have left consumers with more to spend on other goods and services.

~Janet Yellen

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Because food and energy prices are volatile, it is often helpful to look at inflation excluding those two categories - known as core inflation - which is typically a better indicator of future overall inflation than recent readings of headline inflation.

~Janet Yellen

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A pickup in demand in many advanced economies and a stabilization in commodity prices should, in turn, boost the growth prospects of emerging market economies.

~Janet Yellen

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Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to ease monetary policy in the event of a recession.

~Janet Yellen

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Beyond monetary policy, fiscal policy has traditionally played an important role in dealing with severe economic downturns.

~Janet Yellen

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Biography

Nationality: American

Type: Public Servant

Born: August 13th, 1946

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