Janet Yellen Quotes

The impact of low interest rates is broad and deep. Many Americans rely on interest income from their savings to help cover their cost of living.

If you appoint me, I will raise interest rates and choke off the inflation, and that will have bad political repercussions for you.

The Federal Reserve is playing a mind game—but with enormous real-world consequences.

Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.

There's nothing the people love more than a Federal Reserve joke.

Inflation is one form of taxation that can be imposed without legislation.

Monetary policy and fiscal policy are inseparable.

I reject the advice of those who think the only way to fight inflation is to throw millions of people out of work .... I guarantee you that I will not fight inflation with your jobs.

The business community won’t like it if the Federal Reserve raises the interest rate. They never do. That doesn’t mean they shouldn’t do it.

If we think we're going to solve our economic problems by monetary policy alone, we are mistaken. History shows that we have to employ fiscal policy as well.

We demand that postal savings banks be established by the government for the safe deposit of the earnings of the people and to facilitate exchange.

Common man is always benefited by a rate cut.

The Federal Reserve system obviously doesn't work anymore - they keep lowering the federal discount rate, and all that happens is that the banks are making a fortune, and the old folks' CDs are getting chewed up.

If we were to raise interest rates too steeply, and we were to trigger a downturn or contribute to a downturn, we have limited scope for responding, and it is an important reason for caution.

When you have steady inflows and global central banks hell-bent on stoking credit activity and inflation, money will flow into the most attractive areas.

If you're going to grow the economy, if people are going to have more income, you have to have stability in the marketplace.

If the economy grows, housing gets better, quicker.

We believe that - the President believes that the economy will continue to grow, that the economy will continue to create jobs, and that we need to do everything we can to enhance that growth and enhance that job creation.

Many emerging countries are facing the same issue of overheating and inflation because they have been vigorously expanding fiscal and monetary policy to counter the 2008 shock.

Economy is a savings-bank, into which men drop pennies, and get dollars in return.

I understand how the economy actually works.

The difficulty for Mr. Obama will be when the public sees where his decisions lead - higher inflation, higher interest rates, higher taxes, sluggish growth, and a jobless recovery.

Popular as Keynesian fiscal policy may be, many economists are skeptical that it works. They argue that fine-tuning the economy is a virtually impossible task, and that fiscal-stimulus programs are usually too small, and arrive too late, to make a difference.

The dollar went up some eighty percent in real terms as I recall now or something like that - from '80 to '85.

If Australia finds it has a strong Australian dollar, and it has higher unemployment, then it would have to respond, and that would either be by increasing domestic demand or by weakening its own currency.