Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater… — Janet Yellen Copy Share Image
American workers have faced serious difficulties in the labor market since the first oil shock in 1973. Since that time, the pace… — Janet Yellen Copy Share Image
Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth… — Janet Yellen Copy Share Image
An increase in shareholder value can arise for reasons other than greater efficiency, such as increased power and the resulting ability to… — Janet Yellen Copy Share Image
As a general principle, the American people would be well served by the active pursuit of effective policies to support longer-run growth… — Janet Yellen Copy Share Image
Productivity depends on many factors, including our workforce's knowledge and skills and the quantity and quality of the capital, technology, and infrastructure… — Janet Yellen Copy Share Image
At the federal level, the fiscal stimulus of 2008 and 2009 supported economic output, but the effects of that stimulus faded; by… — Janet Yellen Copy Share Image
My advice would be, as you consider fiscal policies, to keep in mind and look carefully at the impact those policies are… — Janet Yellen Copy Share Image
Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014. — Janet Yellen Copy Share
Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously. — Janet Yellen Copy Share
Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and… — Janet Yellen Copy Share
For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms… — Janet Yellen Copy Share
For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow… — Janet Yellen Copy Share
It's important for market participants to have a sense of how we think about the economy and the appropriate path of policy, to look… — Janet Yellen Copy Share
If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about… — Janet Yellen Copy Share
Although we work through financial markets, our goal is to help Main Street, not Wall Street. — Janet Yellen Copy Share
I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was… — Janet Yellen Copy Share
Increased business sales would almost certainly raise the productive capacity of the economy by encouraging additional capital spending, especially if accompanied by reduced uncertainty… — Janet Yellen Copy Share
There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had… — Janet Yellen Copy Share
Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices… — Janet Yellen Copy Share
Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to… — Janet Yellen Copy Share
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 Copy Share
To me, the greatest asset of the Fed is the people. We have a tremendously dedicated staff... They feel proud to work for the… — Janet Yellen Copy Share
