Employment Quote by Janet Yellen
“I am strongly committed to pursuing the dual goals that Congress has assigned us: maximum employment and price stability.”
About This Quote
Source Speech: Monetary Policy Report, 2023
Congress tasked her to balance high employment with stable prices, a dual mandate for monetary policy.
In simple terms: Balance jobs and inflation.
Prioritize both goals.
Themes
Mood
Type
When to use this quote
- central banking
- budget planning
- business strategy
Key Concepts
Questions to Reflect On
- How can policymakers manage trade‑offs?
- What indicators signal success?
Conflicting goals can strain policy tools.