To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target. Janet Yellen humaneinflationoccasionally Change image and share on social
It slightly worries me that when people find a problem, they rush to judgment of what to do. Janet Yellen findjudgmentpeople Change image and share on social
Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices and harm business planning. Janet Yellen businesscapitalcreate Change image and share on social
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 definedetermineeconomic share on social
I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment. Janet Yellen bankcarecentral Change image and share on social
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 authoritybankexcessive Change image and share on social
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 benefitcheapeconomy Change image and share on social
I am anxious to fix welfare. There has to be more training and child care. Janet Yellen anxiouscarechild Change image and share on social
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 bankcentralcharge share on social
While admirers of capitalism, we also to a certain extent believe it has limitations that require government intervention in markets to make them work. Janet Yellen admirercapitalismextent Change image and share on social