Janet Yellen Quotes - Page 3 of 3

In 2006, the Congress had approved plans to allow the Fed, beginning in 2011, to pay interest on banks' reserve balances. In the fall of 2008, the Congress moved up the effective date of this authority to October 2008.
Janet Yellen / Economist
Approved
Authority
October
Plans
Balances
Banks
Date
Effective
Fed
Reserve
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Academia is very flexible, but I had a spouse who was very committed to being a completely full partner in our marriage. I think if you counted up how many hours each one of us logged in, he certainly gets more than 50%.
Janet Yellen / Economist
Academia
Committed
Flexible
Spouse
Counted
Each One
Partner
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By some estimates, income and wealth inequality are near their highest levels in the past hundred years, much higher than the average during that time span and probably higher than for much of American history before then.
Janet Yellen / Economist
Average
Past
Years
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Policy makers should be compelled to take action given the serious costs of long-term unemployment when overall unemployment is already high. A week of unemployment is worse when it is experienced as part of a longer spell.
Janet Yellen / Economist
Compelled
Long Term
Makers
Unemployment
Experienced
Overall
Spell
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Models used to describe and predict inflation commonly distinguish between changes in food and energy prices - which enter into total inflation - and movements in the prices of other goods and services - that is, core inflation.
Janet Yellen / Economist
Goods
Inflation
Models
Predict
Commonly
Describe
Total
Energy Prices
Movements
Prices
Services
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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 / Economist
Responding
Significant
Causing
Developments
Downs
Fed
Incumbent
Ups
Ups And Downs
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Janet Yellen Quotes - Page 3 of 3

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