Janet Yellen Quotes

38 quotes in 739 categories

• I would be strongly committed to working with the FOMC to continue promoting a robust economic recovery ... I consider it imperative that we do…
• I am anxious to fix welfare. There has to be more training and child care.
• Productivity growth, however it occurs, has a disruptive side to it. In the short term, most things that contribute to productivity growth are very painful.
• Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy…
• It slightly worries me that when people find a problem, they rush to judgment of what to do.
• Are deviations from full employment a social problem? Obviously.
• For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow banking…
• Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not,
• The bottom line for housing is that the concerns we used to hear about the possibility of a devastating collapse—one that might be big enough…
• If it were possible to take interest rates into negative territory I would be voting for that.
• Prospects for growth in the year ahead are solid at the national level, and of course, this can only be good news for the Bay…
• By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time…
• After adjusting for inflation, the average income of the top 5% of households grew by 38% from 1989 to 2013. Â…By comparison, the average real…
• The distribution of wealth is even more unequal than that of income. ...The wealthiest 5% of American households held 54% of all wealth reported in…
• The lower half of households by wealth held just 3% of wealth in 1989 and only 1% in 2013.
• The average net worth of the lower half of the distribution, representing 62 million households, was $11,000 in 2013. About one-fourth of these families reported…
• I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the high value Americans…
• To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.
• Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and also…
• In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.

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