Janet Yellen

It certainly would be helpful going forward for deficit reduction efforts to focus on the medium term while not subtracting from the…

— Janet Yellen

The average net worth of the lower half of the distribution, representing 62 million households, was $11,000 in 2013. About one-fourth of…

— Janet Yellen

People stop buying things, and that is how you turn a slowdown into a recession.

— Janet Yellen

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

— Janet Yellen

There is always some chance of recession in any year. But the evidence suggests that expansions don't die of old age.

— Janet Yellen

I don't feel that I've faced discrimination. I've had every chance to succeed and more, and I think that's what all women…

— Janet Yellen

Monetary policy will, as always, respond to the economy's twists and turns so as to promote, as best as we can in…

— Janet Yellen

Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as…

— Janet Yellen

Beyond monetary policy, fiscal policy has traditionally played an important role in dealing with severe economic downturns.

— Janet Yellen

The Federal Reserve ranks among the most transparent central banks. We publish a summary of our balance sheet every week. Our financial…

— Janet Yellen

We need to keep in mind the well-established fact that the full effects of monetary policy are felt only after long lags.…

— Janet Yellen

A clear lesson of history is that a 'sine qua non' for sustained economic recovery following a financial crisis is a thoroughgoing…

— Janet Yellen

Firms don't just try to pay as little as possible to get the needed bodies on board; when there is unemployment, they…

— Janet Yellen

My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect…

— Janet Yellen

After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. By comparison,…

— Janet Yellen

We have put in place policies through supervision and regulation that has greatly enhanced the safety and soundness of the banking system.

— Janet Yellen

Housing wealth - the net equity held by households, consisting of the value of their homes minus their mortgage debt - is…

— Janet Yellen

When you're unemployed for six months or a year, it is hard to qualify for a lease, so even the option of…

— Janet Yellen

The bottom line for housing is that the concerns we used to hear about the possibility of a devastating collapse—one that might…

— Janet Yellen

In effect, there has been a significant shortfall in the overall amount of monetary policy stimulus since early 2009.

— Janet Yellen

The Global Financial Crisis and Great Recession posed daunting new challenges for central banks around the world and spurred innovations in the…

— Janet Yellen

I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the…

— Janet Yellen

The lower half of households by wealth held just 3% of wealth in 1989 and only 1% in 2013.

— Janet Yellen

Housing is a relatively small sector of the economy, and its decline should be self-correcting.

— 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…

— Janet Yellen