Quotes.gg
Made by Last Media

Janet Yellen

Popular Posts
#Tags
A clear lesson of history is that a 'sine qua non' for sustained economic recovery following a financial crisis is a thoroughgoing repair of the financial system. - Janet Yellen
#Crisis
#History
#Lesson
#Repair
#System
A crucial responsibility of any central bank is to control inflation, the average rate of increase in the prices of a broad group of goods and services. - Janet Yellen
#Bank
#Control
#Inflation
#Responsibility
I want to be completely clear that I strongly oppose 'Audit the Fed.' - Janet Yellen
#Audit
#Clear
#Oppose
#Strongly
#Want
In 1977, when I started my first job at the Federal Reserve Board as a staff economist in the Division of International Finance, it was an article of faith in central banking that secrecy about monetary policy decisions was the best policy: Central banks, as a rule, did not discuss these decisions, let alone their future policy intentions. - Janet Yellen
#Alone
#Best
#Faith
#Finance
#Future
We need to keep in mind the well-established fact that the full effects of monetary policy are felt only after long lags. This means that policy makers cannot wait until they have achieved their objectives to begin adjusting policy. - Janet Yellen
#Long
#Mind
#Need
#Policy
#Wait
Many financial innovations such as the increased availability of low-cost mutual funds have improved opportunities for households to participate in asset markets and diversify their holdings. - Janet Yellen
#Availability
#Financial
#Mutual Funds
Yankee Stadium is a natural venue for another lesson: You won't succeed all the time. Even Ruth, Gehrig, and DiMaggio failed most of time when they stepped to the plate. Finding the right path in life, more often than not, involves some missteps. - Janet Yellen
#Lesson
#Life
#Path
#Right Path
#Time
Sometimes you have to make decisions without knowing all that you would like to know That's part of the job. - Janet Yellen
#Decisions
#Job
#Know
#Knowing
#Sometimes
Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices and staffing. - Janet Yellen
#Chains
#Credit
#Inventory
#Tight
#Way
We need to increase the transparency of shadow banking markets so that authorities can monitor for signs of excessive leverage and unstable maturity transformation outside regulated banks. - Janet Yellen
#Maturity
#Shadow
#Signs
#Transformation
In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things. - Janet Yellen
#Economy
#Giving
#Long
#Things
#Us
If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about which you are passionate, dedicate yourself to that purpose. - Janet Yellen
#Feel
#Job
#Purpose
#Pursue
#Yourself
Although we work through financial markets, our goal is to help Main Street, not Wall Street. - Janet Yellen
#Financial
#Help
#Street
#Through
#Work
I've been collecting rocks since I was 8 and have over 200 different specimens. - Janet Yellen
#Been
#Collecting
#Different
#Over
#Rocks
Productivity depends on many factors, including our workforce's knowledge and skills and the quantity and quality of the capital, technology, and infrastructure that they have to work with. - Janet Yellen
#Knowledge
#Quality
#Technology
#Work
The Global Financial Crisis and Great Recession posed daunting new challenges for central banks around the world and spurred innovations in the design, implementation, and communication of monetary policy. - Janet Yellen
#Challenges
#Communication
#Design
#Great
To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target. - Janet Yellen
#Inflation
#Me
#Rise
#Target
#Wise
The principle that a central bank, charged with controlling inflation, should be independent from the government is unassailable. It may also be true that it's easier for the central bank to guard its independence from political pressure when it mainly holds government securities. - Janet Yellen
#Government
#Independence
#Political
The future path of the federal funds rate is necessarily uncertain because economic activity and inflation will likely evolve in unexpected ways. For example, no one can be certain about the pace at which economic headwinds will fade. More generally, the economy will inevitably be buffeted by shocks that cannot be foreseen. - Janet Yellen
#Activity
#Future
#Path
#Unexpected
#Will
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
#Better
#Energy
#Food
#Future
#Look
Access to capital is important for all firms, but it's particularly vital for startups and young firms, which often lack a sufficient stream of earnings to increase employment and internally finance capital spending. - Janet Yellen
#Finance
#Important
#Lack
#Stream
#Young
Long-term unemployment can make any worker progressively less employable, even after the economy strengthens. - Janet Yellen
#Economy
#Long-Term
#Make
#Unemployment
Your experience on this site will be improved by allowing cookies.