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Janet Yellen Quotes: I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.
         

I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.


Janet Yellen
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Other quotes of Janet Yellen


Listening to others, especially those with whom we disagree, tests our own ideas and beliefs. It forces us to recognize, with humility, that we don't have a monopoly on the truth.

Listening to others, especially those with whom we disagree, tests our own ideas and beliefs. It forces us to recognize, with humility, that we don't have a monopoly on the truth.



I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the high value Americans have traditionally placed on equality of opportunity.

I think it is appropriate to ask whether this trend is compatible with values rooted in our nation's history, among them the high value Americans have traditionally placed on equality of opportunity.



In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.

In the long run, outsourcing is another form of trade that benefits the U.S. economy by giving us cheaper ways to do things.



Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices, and staffing.

Strapped by tight credit and plummeting sales, businesses have overhauled the way they manage supply chains, inventory, production practices, and staffing.



If it were possible to take interest rates into negative territory I would be voting for that.

If it were possible to take interest rates into negative territory I would be voting for that.



To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.

To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.



It slightly worries me that when people find a problem, they rush to judgment of what to do.

It slightly worries me that when people find a problem, they rush to judgment of what to do.



The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.

The past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.



Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not.

Will capitalist economies operate at full employment in the absence of routine intervention? Certainly not.



Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.

Long-term unemployment can make any worker progressively less employable, even after the economy strengthens.





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The greatest intellectual capacities are only found in connection with a vehement and passionate will.

The greatest intellectual capacities are only found in connection with a vehement and passionate will.



A throne is only a bench covered with velvet.

A throne is only a bench covered with velvet.



An idea is salvation by imagination.

An idea is salvation by imagination.



My thing is that if you don't really connect to something or see that it's going to be something you're going to be proud of, I wouldn't do it.

My thing is that if you don't really connect to something or see that it's going to be something you're going to be proud of, I wouldn't do it.



I stand by everything I've ever said, apologies included.

I stand by everything I've ever said, apologies included.



I don't pay much mind to politricks. Never met a politician who wouldn't try to convince you that salt was sugar.

I don't pay much mind to politricks. Never met a politician who wouldn't try to convince you that salt was sugar.



A person's mere propinquity to others independently suspected of criminal activity does not give rise to probable cause to search that person.

A person's mere propinquity to others independently suspected of criminal activity does not give rise to probable cause to search that person.



The people believed that while the courts would be independent, they would defer to the political branches on policy issues.

The people believed that while the courts would be independent, they would defer to the political branches on policy issues.



Beyond speech and mind, Into the river of ever-effulgent Light My heart dives. Today thousands of doors, closed for millennia, Are opened wide.

Beyond speech and mind, Into the river of ever-effulgent Light My heart dives. Today thousands of doors, closed for millennia, Are opened wide.



Fashion is a movie. Every morning when you get dressed, you direct yourself.

Fashion is a movie. Every morning when you get dressed, you direct yourself.




Quote Description


This page presents the quote "I'm just opposed to a pure inflation-only mandate in which the only thing a central bank cares about is inflation and not employment.". Author of this quote is Janet Yellen. This quote is about inflation, employment, pure, care,.