By the time of liftoff, participants expect to see some further decline in the unemployment rate and additional improvement in labor market conditions. Janet Yellen More Quotes by Janet Yellen More Quotes From Janet Yellen When the Committee begins to normalize the stance of policy, doing so will be a testament ... to how far our economy has come, in that sense, it is a day that I expect we all are looking forward to. Janet Yellen business An advantage to beginning a little bit earlier is that we might have a more gradual path. Janet Yellen business Economic conditions are anticipated to evolve in a manner that will only require gradual increases in the federal funds rate. Janet Yellen company-news We’re trying to ... communicate as clearly (as possible) about our monetary policy so we don’t take markets by surprise. Janet Yellen top-news We could see a sharp jump in long-term rates. So we're trying to ... communicate as clearly about our monetary policy so we don't take markets by surprise. Janet Yellen company-news Nothing Medley Global Advisors reported in October ... could have been conveyed in June, and let me assure you that, in any case, I did not convey any confidential information. Janet Yellen business We'll certainly cooperate and try to provide them the information that they seek. Janet Yellen politics Global experience shows that giving central banks independenc e to make monetary policy decisions that they think are in the best interests of the country and consistent with their mandates leads to lower inflation and more stable macroeconomic outcomes. Janet Yellen politics The economic and financial news has been grim, things are now so bad that I actually open the Greenbook with greater trepidation than my 401(k). Janet Yellen business I certainly hope that (the GAO exemption) will continue and I will try to forcefully make the case to why it is important. Janet Yellen politics I see the spillover as pretty small but we're obviously watching that closely. Janet Yellen top-news Productivity depends on many factors, including our workforce's knowledge and skills and the quantity and quality of the capital, technology, and infrastructure that they have to work with. Janet Yellen qualitytechnologyworkknowledge The Global Financial Crisis and Great Recession posed daunting new challenges for central banks around the world and spurred innovations in the design, implementation, and communication of monetary policy. Janet Yellen greatcommunicationchallengesworld People stop buying things, and that is how you turn a slowdown into a recession. Janet Yellen stopthingsyoupeople Many financial innovations such as the increased availability of low-cost mutual funds have improved opportunities for households to participate in asset markets and diversify their holdings. Janet Yellen mutual-fundsopportunitiesfinancial When you hire a nanny, the question you ask yourself is, 'What's best for my precious child?' And do you really want someone who feels that your motive in life is to minimize the amount you spend on your child? Janet Yellen yourselfbestyoulife It certainly would be helpful going forward for deficit reduction efforts to focus on the medium term while not subtracting from the impetus we need to keep a fragile economy moving forward. Janet Yellen needfocusmoving-forwardmoving Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment. As a result, I believe a macro-prudential approach to supervision and regulation needs to play the primary role. Janet Yellen resulti-believeplaybelieve Transparency concerning the Federal Reserve's conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve's commitment to accountability within our democratic system of government. Janet Yellen morebettergovernmentunderstanding In the five years since the end of the Great Recession, the economy has made considerable progress in recovering from the largest and most sustained loss of employment in the United States since the Great Depression. Janet Yellen endgreatprogressdepression
