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Policy Quotes
Policy Quotes
In effect, there has been a significant shortfall in the overall amount of monetary policy stimulus since early 2009.
Janet Yellen
Has-Been
Significant
Since
Overall
Policy
Stimulus
Been
Effect
Monetary
Monetary Policy
Amount
Early
A wide range of possible fiscal policy tools and approaches could enhance the cyclical stability of the economy. For example, steps could be taken to increase the effectiveness of the automatic stabilizers, and some economists have proposed that greater fiscal support could be usefully provided to state and local governments during recessions.
Janet Yellen
Example
Increase
State
Local
Tools
Approaches
Local Governments
Range
Possible
Some
Could
Proposed
Taken
Support
Steps
Economists
Economy
For Example
Policy
Greater
Fiscal
Provided
Governments
Effectiveness
Stability
Automatic
Cyclical
Enhance
Wide
Wide Range
As always, it would be important to ensure that any fiscal policy changes did not compromise long-run fiscal sustainability.
Janet Yellen
Important
Changes
Ensure
Would
Would-Be
Compromise
Policy
Always
Fiscal
Did
Any
Sustainability
Financial market participants appear to recognize the FOMC's data-dependent approach because incoming data surprises typically induce changes in market expectations about the likely future path of policy, resulting in movements in bond yields that act to buffer the economy from shocks.
Janet Yellen
Future
Financial
Path
Changes
Approach
Market
Recognize
About
Data
Resulting
Participants
Induce
Economy
Likely
Buffer
Policy
Because
Surprises
Yields
Shocks
Expectations
Movements
Act
Appear
Incoming
Bond
Monetary policy ultimately must be conducted in a pragmatic manner that relies not on any particular indicator or model but, instead, reflects an ongoing assessment of a wide range of information in the context of our ever-evolving understanding of the economy.
Janet Yellen
Understanding
Our
Range
Must
Indicator
Ongoing
Instead
Particular
Economy
Policy
Pragmatic
Context
Ultimately
Reflects
Model
Any
Information
Manner
Assessment
Monetary
Monetary Policy
Wide
Wide Range
Monetary policy will, as always, respond to the economy's twists and turns so as to promote, as best as we can in an uncertain economic environment, the employment and inflation goals.
Janet Yellen
Best
Goals
Inflation
Will
Respond
Promote
Uncertain
Economic
Environment
Economy
Employment
Policy
Always
Turns
Monetary
Monetary Policy
Twists
The Fed should not be responding to the ups and downs of the markets, and it is certainly not our policy to do so. But when there are significant financial developments, it's incumbent on us to ask ourselves what is causing them.
Janet Yellen
Financial
Ups And Downs
Incumbent
Our
Markets
Responding
Ourselves
Significant
Fed
Developments
Policy
Causing
Ups
Them
Ask
Us
Should
Certainly
Downs
Until the administration can articulate a coherent and convincing policy for closing Guantanamo, it should remain open.
Jason Chaffetz
Administration
Remain
Open
Until
Policy
Articulate
Closing
Should
Convincing
Coherent
Guantanamo
We had some major successes and we did so because the country embraced the spirit of Earth Day and embraced this concept that we have to have forward-looking, visionary environmental policy and energy policy in this country.
Jay Inslee
Environmental
Day
Country
Energy
Earth
Earth Day
Visionary
Embraced
Some
Spirit
Had
Environmental Policy
Major
Concept
Policy
Because
Did
Energy Policy
Successes
Forward-Looking
We have come a long way in terms of foreign policy.
Jean-Pierre Raffarin
Long
Way
Long Way
Come
Terms
Policy
Foreign
Foreign Policy
I think there are a lot of Republicans who recognize that investment in adolescent girls and empowering them is good for our foreign policy. When they're educated, they tend to give back more to their communities, to rise out of poverty in a way that is good for their families and their communities and, ultimately, their countries.
Jeanne Shaheen
Good
Girl
Poverty
Think
Back
Our
Way
Recognize
Out
Rise
Adolescent
Give
More
Tend
Investment
Countries
Empowering
Policy
Foreign
Educated
Foreign Policy
Ultimately
Lot
Families
Republicans
Them
Communities
Who
There is an apparatus set up to protect politicians, but those within that apparatus will have their own political views. I've got mates who are police officers and mates who are in the military, and they often have a very different view to the policy they're asked to carry out.
Jed Mercurio
Police
Political
Will
Own
Politicians
Military
Those
Out
Carry
Police Officers
Protect
Policy
Within
Got
Mates
Up
Very
Officers
Political Views
Often
Different
Asked
View
Views
Apparatus
Who
Different View
Set
Education needs to be personalized and flexible, which means education policy needs to originate from our local communities and not from some bureaucrats in Washington, D.C.
Jeff Duncan
Education
Needs
Local
Our
Some
Policy
Bureaucrats
Which
Personalized
Means
Communities
Flexible
Washington
Originate
I have a hands-off policy when it comes to my larynx.
Jeffrey Donovan
Policy
I think we should have basically the same tax policy that Germany, Japan, the U.K., everybody else has, which is a tax rate in the mid-20s and no loopholes. Zero. The U.S. has the most antiquated tax system. And that means some people are going to pay more taxes, and some people are going to pay less.
Jeffrey R. Immelt
People
Some People
Pay
Think
Everybody
Everybody Else
Else
System
Some
Rate
More
Most
Policy
Loopholes
Antiquated
Germany
Same
Going
Tax
Which
Tax Policy
Tax Rate
Japan
Tax System
Taxes
Should
Means
Less
Zero
Basically
You know, Arabs are critical of United States foreign policy, but they also associate the U.S. with democratic principles and opportunity.
Jehane Noujaim
You
Opportunity
States
Critical
Arabs
Know
Democratic
Also
Policy
Principles
Foreign
Foreign Policy
United
United States
Associate
No one wants to friend or follow covert info about Pakistan's nuclear policy.
Jen Lancaster
Follow
About
No-One
Policy
Covert
Friend
Wants
Pakistan
Nuclear
My father is an economist who specialized in foreign food policy, and my mother worked for AID, a branch of the State Department, so food in regards to world affairs was talked about a lot.
Jennifer Gilmore
Food
World
Mother
Father
Aid
State
State Department
About
Economist
Talked
Policy
Foreign
Affairs
Lot
Branch
Department
Regards
Worked
Who
World Affairs
Specialized
We are developing a media policy which would be about breaking up single ownership of too many sources of information so that we have a multiplicity of sources.
Jeremy Corbyn
Single
Ownership
Too
Would
Would-Be
About
Developing
Policy
Sources
Up
Information
Which
Breaking
Breaking Up
Many
Multiplicity
Media
Put simply, the Bush administration policy in the Middle East is continuing to fail.
Jerome Corsi
East
Administration
Put
Simply
Fail
Policy
Continuing
Middle
Middle East
Bush
Bush Administration
Long experience, in the United States and in other advanced economies, has demonstrated that monetary policy is most successful when decisions are rendered independent of influence by elected officials.
Jerome Powell
Experience
Long
Other
States
Independent
Long Experience
Advanced
Economies
Most
Rendered
Policy
Officials
Influence
Decisions
Elected
Elected Officials
Successful
United
United States
Monetary
Monetary Policy
The success of monetary policy should be judged by the economy's performance against our statutory mandates of price stability and maximum employment.
Jerome Powell
Success
Our
Statutory
Price
Performance
Economy
Employment
Policy
Judged
Stability
Maximum
Mandates
Against
Should
Monetary
Monetary Policy
While monetary policy can contribute to growth by supporting a durable expansion in a context of price stability, it cannot reliably affect the long-run sustainable level of the economy's growth.
Jerome Powell
Reliably
Price
Supporting
Economy
Policy
Context
Affect
Expansion
Contribute
Durable
Stability
Sustainable
Cannot
While
Monetary
Monetary Policy
Growth
Level
The main long-run contribution monetary policy can make is to provide a stable macroeconomic and financial environment.
Jerome Powell
Financial
Main
Environment
Make
Policy
Provide
Contribution
Stable
Monetary
Monetary Policy
An increase in the debt ceiling should be accompanied by fundamental policy reforms, substantial budget savings, and a strong enforcement mechanism to tie the hands of any future Congress.
Jerome Powell
Future
Strong
Congress
Increase
Savings
Budget
Policy
Tie
Accompanied
Ceiling
Debt
Debt Ceiling
Hands
Reforms
Any
Substantial
Enforcement
Should
Mechanism
Fundamental
One factor that favors easier adjustment in EMEs is that U.S. monetary policy normalization has been and should continue to be gradual, as long as the U.S. economy evolves roughly as expected.
Jerome Powell
Long
Easier
Has-Been
Adjustment
Favors
Factor
Economy
Policy
Continue
Been
Expected
Gradual
Should
Roughly
Monetary
Monetary Policy
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