Janet Yellen actually said...

Operating monetary policy by mechanically following a policy rule is not practical.

Yellen references Professor Taylor's view on the impracticality of strict monetary policy rules.

02/24/2015

More Janet Yellen Quotes

We will respond to the letter, and I don't really have more to say about that.

The President has been very clear that no family earning less than $400,000 will face a tax hike.

The President supports no tax increases on families making under $400,000.

We need to enact policies to make sure that the debt stays sustainable and we are on a fiscally sustainable path.