During the 1970s, inflation expectations rose markedly because the Federal Reserve allowed actual inflation to ratchet up persistently in response to economic… — Janet Yellen Copy Share Image
Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment. As a result, I… — Janet Yellen Copy Share Image
I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not… — Janet Yellen Copy Share Image