Efforts to promote financial stability through adjustments in interest rates would increase the volatility of inflation and employment. As a result, I believe a macro-prudential approach to supervision and regulation needs to play the primary role.
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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
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To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above target.Janet Yellen
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It slightly worries me that when people find a problem, they rush to judgment of what to do.Janet Yellen
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Under President Biden, our pro-America policies - including the American Rescue Plan, Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act - have led to record investment in American manufacturing and clean energy sectors.Jasmine Crockett
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