Political Quotes

Janet Yellen: Congress set forth the mandate for monetary policy in the Federal Reserve Act, which directs the Federal Reserve Board…

On the recordJuly 12, 2017
Congress set forth the mandate for monetary policy in the Federal Reserve Act, which directs the Federal Reserve Board to conduct monetary policy so as to promote maximum employment and stable prices.
Said by
Janet Yellen
Democratic · California

Editor's note · Context

Yellen emphasizes the importance of the Federal Reserve's dual mandate for employment and price stability.

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