3604 quotes by public servants for you to enjoy

Inequality has risen to the point that it seems to me worthwhile for the U.S. to seriously consider taking the risk of making our economy more rewarding for more of the people. Janet Yellen

Me People Seriously Consider Our Worthwhile Risen Seems Risk More Point Taking Economy Inequality Making Rewarding

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

Business Inflation Relative About Uncertainty Could Prices Sales Just Just As Much Formation Capital Create Much Planning Harm

Firms don't just try to pay as little as possible to get the needed bodies on board; when there is unemployment, they ask themselves how wage cuts would affect the behavior of the employees. Would they quit or feel dissatisfied and work less hard on the firm's behalf if they feel that wage policies are unfair? Janet Yellen

Work Try Behavior Employees Unfair Pay Possible Would Firm Feel Policies How Wage Affect Unemployment Behalf Get Quit Just Board Little Themselves Ask Cuts Bodies Hard Less Dissatisfied Needed

Business students are very oriented to playing a role in the real world and accomplishing something, not training themselves to be scholars and contribute to the literature. Teaching in that kind of environment has focused me much more on the real world, how pieces of the theory I know can be applied to real-world situations. Janet Yellen

Me Business Training World Focused Kind Something More Students Scholars Environment Know Pieces How Real Accomplishing Very Role Contribute Situations The Real World Real World Literature Themselves Much Teaching Theory Oriented Applied Playing

My bottom line is that monetary policy should react to rising prices for houses or other assets only insofar as they affect the central bank's goal variables - output, employment, and inflation. Janet Yellen

Inflation Other Variables Rising Insofar Only Output Prices Bottom Bottom Line React Employment Policy Houses Line Affect Goal Bank Central Should Monetary Assets Monetary Policy

A crucial responsibility of any central bank is to control inflation, the average rate of increase in the prices of a broad group of goods and services. Janet Yellen

Inflation Responsibility Control Group Increase Broad Rate Crucial Prices Goods Any Bank Central Central Bank Average Services

Food and energy account for a significant portion of household budgets, so the Federal Reserve's inflation objective is defined in terms of the overall change in consumer prices. Janet Yellen

Food Change Inflation Energy Defined Significant Objective Federal Prices Consumer Overall Budgets Terms Household Account Reserve Portion

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

About Share Mortgages Between Fell Underwater

Labor force participation peaked in early 2000, so its decline began well before the Great Recession. A portion of that decline clearly relates to the aging of the baby boom generation. But the pace of decline accelerated with the recession. Janet Yellen

We necessarily operate in an environment in which there's a great deal of uncertainty. In such an environment, it makes sense to use a risk-management approach to identify and avoid the big mistakes. That's one reason I favor a cautious approach. Janet Yellen

Great Great Deal Mistakes Big Sense Approach Favor Uncertainty Environment Identify Operate Deal Makes Cautious Which Use Avoid Reason Necessarily

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

Time Increase Our Appropriate Rate Fed Over Overnight Gradually Interest

If strong economic conditions can partially reverse supply-side damage after it has occurred, then policymakers may want to aim at being more accommodative during recoveries than would be called for under the traditional view that supply is largely independent of demand. Janet Yellen

Strong Aim Independent Would Would-Be More Economic Supply Demand Policymakers Occurred Traditional Reverse Conditions Than May Being Want After Then View Largely Damage

New policy tools, which helped the Federal Reserve respond to the financial crisis and Great Recession, are likely to remain useful in dealing with future downturns. Janet Yellen

Future Great Financial Recession Tools Financial Crisis Crisis Respond Remain Federal Federal Reserve New Likely Policy Dealing Which Useful Helped Reserve

Our ability to predict how the federal funds rate will evolve over time is quite limited because monetary policy will need to respond to whatever disturbances may buffet the economy. Janet Yellen

Time Will Whatever Predict Our Respond Evolve Ability Rate Federal Over Economy Buffet Policy Because Limited How Quite May Monetary Monetary Policy Funds Need

Some degree of inequality in income and wealth, of course, would occur even with completely equal opportunity because variations in effort, skill, and luck will produce variations in outcomes. Janet Yellen

Housing is a relatively small sector of the economy, and its decline should be self-correcting. Janet Yellen

Relatively Sector Small Economy Housing Decline Should

Over a long period of time, technological change is something that has been important in reducing manufacturing employment - absolutely and as a share of jobs in the economy. Janet Yellen

Time Change Long Important Has-Been Jobs Something Absolutely Long Period Share Over Economy Period Employment Reducing Been Manufacturing Technological

Quotes by Public Servants