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Customer Quote by Janet Yellen

“It's appropriate for the Fed to gradually and cautiously increase our overnight interest rate over time.” quote by Janet Yellen
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“It's appropriate for the Fed to gradually and cautiously increase our overnight interest rate over time.”

Janet Yellen

About This Quote

Source Speech: Monetary Policy Remarks, Federal Reserve, 2023

The Fed should raise rates slowly and carefully to avoid economic shock.

In simple terms: Raise rates slowly and carefully.

Key Takeaway

Proceed with caution.

Themes

monetary policy inflation control gradualism

Mood

cautious analytical

Type

policy economic

When to use this quote

  • business planning
  • personal finance
  • investment decisions

Key Concepts

central banking interest rate adjustments

Questions to Reflect On

  • How do you balance growth and inflation?
  • What signs indicate a rate hike is needed?
A Different Perspective

Rapid hikes could trigger recession.

4.4 out of 5 (9 ratings)

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