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Janet Yellen Quotes


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Quotes by Janet Yellen

Showing 51-60 of 132 Quotes by Janet Yellen

Food and energy account for a significant portion of household budgets, so the Federal Reserve's inflation objective is defined in terms of the overall change in consumer prices.

~Janet Yellen

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The Federal Reserve ranks among the most transparent central banks. We publish a summary of our balance sheet every week. Our financial statements are audited annually by an outside auditor and made public. Every security we hold is listed on the website of the Federal Reserve Bank of New York.

~Janet Yellen

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Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.

~Janet Yellen

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At the federal level, the fiscal stimulus of 2008 and 2009 supported economic output, but the effects of that stimulus faded; by 2011, federal fiscal policy actions became a drag on output growth when the recovery was still weak.

~Janet Yellen

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The Federal Reserve's objectives of maximum employment and price stability do not, by themselves, ensure a strong pace of economic growth or an improvement in living standards. The most important factor determining living standards is productivity growth, defined as increases in how much can be produced in an hour of work.

~Janet Yellen

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Labor force participation peaked in early 2000, so its decline began well before the Great Recession. A portion of that decline clearly relates to the aging of the baby boom generation. But the pace of decline accelerated with the recession.

~Janet Yellen

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The Federal Open Market Committee (FOMC) is committed to policies that promote maximum employment and price stability, consistent with our mandate from Congress.

~Janet Yellen

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We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to use a risk-management approach to identify and avoid the big mistakes. That's one reason I favor a cautious approach.

~Janet Yellen

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We are focused on Main Street, on supporting economic conditions - plentiful jobs and stable prices - that help all Americans.

~Janet Yellen

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We're charged by Congress with regulating financial institutions. We take that mission seriously. We are tough supervisors and regulators.

~Janet Yellen

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Biography

Nationality: American

Type: Public Servant

Born: August 13th, 1946

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