Janet Yellen actually said...

"No central bank in the world follows a mechanical mathematical rule, and I think it would be a terrible mistake to ask the Federal Reserve to specify a mathematical rule."

"Chairman Bernanke said in 2011 that he was comfortable with this proposal."

"If anything, the data say we should have had even more stimulus in response to the recession, and that pulling back too soon now risks undoing the progress we've made so far."

"Not only would this increase the costs of hedging, which means higher prices for consumers, but it also restricts capital that would otherwise be used for job creation or reinvestment."