Crisis Quote by Janet Yellen

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

— Janet Yellen

Stronger productivity growth would tend to raise the average level of interest rates and, therefore, would provide the Federal Reserve with greater scope to…

— Janet Yellen

A wide range of possible fiscal policy tools and approaches could enhance the cyclical stability of the economy. For example, steps could be taken…

— Janet Yellen

We need financial regulation that allows businesses and the banks they use to have access to the tools that help keep prices of consumer…

— Jim Himes

The Fed needs to adopt new tools, on its own and perhaps in cooperation with the other parts of the US government, to improve…

— Gerald Epstein

Fiscal policy is a very important part of the tool kit for policy makers.

— Gita Gopinath

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered…

— Ron Paul

When there's downward pressure on growth, one choice is to adjust economic policy, increase deficits, relax monetary policy. That might have a short-term benefit,…

— Li Keqiang

The Federal Reserve, like other central banks, wields powerful tools; democratic accountability requires that the public be able to see how and for what…

— Ben Bernanke

When you're facing the threat of recession, you need to have an expansionary monetary and fiscal policy. Pre-Keynesian, Hooverite views are dead everywhere except…

— Joseph Stiglitz

The Fed's ability to raise and lower short-term interest rates is its primary control over the economy.

— Alex Berenson

Monetary policy should remain data dependent, be well communicated, and ensure that inflation expectations remain anchored.

— Gita Gopinath