Authority Quote by Janet Yellen

Nationally, the share of mortgages that are underwater fell by about one-half between 2011 and 2014.

— Janet Yellen

Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not. Are deviations from full employment a social problem? Obviously.

— Janet Yellen

Individuals out of work for an extended period can become less employable as they lose the specific skills acquired in their previous jobs and…

— Janet Yellen

For decades, the pace of technological change in manufacturing has outstripped that in the economy as a whole. And, so, firms - manufacturing firms…

— Janet Yellen

For my own part, I did not see and did not appreciate what the risks were with securitization, the credit ratings agencies, the shadow…

— Janet Yellen

It's important for market participants to have a sense of how we think about the economy and the appropriate path of policy, to look…

— Janet Yellen

If there is a job that you feel passionate about, do what you can to pursue that job; if there is a purpose about…

— Janet Yellen

Although we work through financial markets, our goal is to help Main Street, not Wall Street.

— Janet Yellen

I felt that the Fed had always been the agency that picked up the pieces when there was a financial crisis, and it was…

— Janet Yellen

Increased business sales would almost certainly raise the productive capacity of the economy by encouraging additional capital spending, especially if accompanied by reduced uncertainty…

— Janet Yellen

There were a lot of manufacturing jobs lost over a long period of time and particularly after - during the Great Recession. We've had…

— Janet Yellen

Uncertainty about sales impedes business planning and could harm capital formation just as much as uncertainty about inflation can create uncertainty about relative prices…

— Janet Yellen