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Janet Yellen Quotes: 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.
         

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
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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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I let myself relax into the pattern of the recipe.

I let myself relax into the pattern of the recipe.



Creating a plan to bring in more business in a way that does not ultimately support yourannual goals is fighting against yourself.

Creating a plan to bring in more business in a way that does not ultimately support yourannual goals is fighting against yourself.



You've got no chance of reaching the top if you're just playing for money.

You've got no chance of reaching the top if you're just playing for money.



I prefer the countryside to cities. This is also true of my films: I have made more films in rural societies, and villages, than in towns.

I prefer the countryside to cities. This is also true of my films: I have made more films in rural societies, and villages, than in towns.



You have to examine a scene on the page first. Then you get into the basics of acting: Who are you? Who are you talking to? How do you feel about that person?

You have to examine a scene on the page first. Then you get into the basics of acting: Who are you? Who are you talking to? How do you feel about that person?



I guess I work well with others I handle younger actors well.

I guess I work well with others I handle younger actors well.



I have the most perfect belly button. When I stick my fingers in it, I feel a nerve in the center of my body shoot up my spine.

I have the most perfect belly button. When I stick my fingers in it, I feel a nerve in the center of my body shoot up my spine.



As I slowly grow wise I briskly grow cautious.

As I slowly grow wise I briskly grow cautious.



If dance wasn't in my life, it wouldn't be worth living.

If dance wasn't in my life, it wouldn't be worth living.



The most potent elements in a work of art are, often, its silences.

The most potent elements in a work of art are, often, its silences.




Quote Description


This page presents the quote "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.". Author of this quote is Janet Yellen. This quote is about output, variables, rising prices, bottom line, inflation, goal, monetary policy, assets, employment,.